Materials Management

Name_______________________________ Date______________

Forecasting Demand

Grey’s Audio visual rents audio and visual equipment to musicians for local concerts. The company is interested in forecasting the rentals for the d2-console so that it can make sure the d2-console is on hand when needed. The d2-console data for the last 10 months are shown here.

Instructions: Prepare a forecast for Greys Audio Visual.

1. Complete and submit this document

2. In the comment section (in Blackboard), explain. What are your recommendations for Grey's company?

Prepare a forecast for months 6 through 10 by using three- month moving averages. What is the forecast for month 11?

Month	Forecasted Demand
June
July
August
September
October
November

LOGI 1020 Introduction to Materials Management