The Benefits Of Using A Formalized Approach To Forecasting Products
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Read through the Case Study entitled “Highline Financial Services, Ltd.” in Chapter 3 of your textbook. Examine
the historical trends this company has experienced for the three products (A, B, C) discussed over the 2 years
shown.
Address the following requirements:
● Prepare demand forecasts for the next four quarters for all three products, describe the forecasting
method you chose and explain why that forecasting method is best suited to the scenario.
● Explain why you did, or did not, choose the same forecasting method for each product.
● What are the benefits of using a formalized approach to forecasting these products?
Please include introduction and conclusion also use 9 references including this book as main reference
Stevenson, W. (2018). Operations management (13th ed.). New York, NY: McGraw-Hill Irwin. ISBN-13: 9781259667473
book in the attachment and case study
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