Forecast Case Study

Description

Please write a 3 page Case Study answering the following questions. I have attached the Case Study below which should be used to support your answers. Please make sure to cite the case study and any other additonal sources you use.

1.) How accurate was the demand for the first quarter of 2005?

2.) What is the current demand forecasting method? Who uses the demand forecast? What are the consequences, if any, if the forecast was inaccurate?

3.) Create a demand forecast for the PVB product family for the next three quarters. How does your forecast compare to Wilkins demand forecast?

4.) As Bernie Barge, what would you recommend to management and why? How should Barge convince management to follow his recommendations? Develop an action plan.

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