Forecasting and Capacity Management Using AI

1. Select a company (real or hypothetical) in an industry where forecasting and capacity planning are critical (e.g., retail, manufacturing, health care, airlines, or logistics).

2. Define the company’s long-range (2–5 years) planning objectives.

3. Use an AI tool (e.g., ChatGPT, Perplexity, Gemini, CoPilot, etc.) to generate demand forecasts such as trend analysis, regression, or scenario-based forecasting.

4. Use one of the AI tools to calculate the capacity requirements considering production lines, staffing, and machine hours.

5. Discuss how AI improved the forecasting and planning process. Provide recommendations for aligning long-range plans to ensure future capacity matches demand. Reflect on potential risks of over-relying on AI forecasts.

Your paper should include:

· Word  document

· Length: 2 to 3 pages

· Title page

· 11 or 12 pt font

· Double space

· Reference page

Don't forget to submit your assignment for grading.

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