MGT321- MGT311
College of Business Administration
MGT311- Marketing Management
Assignment-3
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Course Code : MGT 311 |
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Academic Year: 1439/1440 H |
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Semester: 2nd |
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LO. Understand the concept of process selection, forecasting , capacity planning, production forecast methods and schedule operations
(LO 1.2 & 1.3)
Case study: Besthomes, inc forcasting
Actions:
1- Read the case study entitled “Best homes Inc forcasting” from the textbook (e-book), in the part VII.
2- Answer the following questions.
a. What forecasting methods should the company consider? Please justify.
b. Use the classical decomposition method to forecast average demand for 2016 by month. What is your forecast of monthly average demand for 2016?