An operation analyst | Operations Management homework help
An operation analyst is forecasting this year’s demand for one of his company’s products based on the following historical data:Year # sold4 years ago 10,0003 years ago 12,0002 years ago 18,000Last year 20,000 1) What is the forecast for this year using the last-value forecasting method? a) 22,000b) 20,000c) 18,000d) 15,000e) 12,000 2) What is the forecast for this year using a moving-average forecast based […]