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 |
|
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September |
|
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October |
|
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November |
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LOGI 1020 Introduction to Materials Management
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