dln Dán make boxes of chocolates for which the demand is uncertain. Forrest says
ID: 2781403 • Letter: D
Question
dln Dán make boxes of chocolates for which the demand is uncertain. Forrest says, "That's life 2. chocolate, and shrimp. Forrest never know what below: an believes that some demand patterns exist that could be useful for planning the purcha insists on placing a surprise chocolate-covered shrimp in some boxes Quarter 1 Year 2 Year 3 Year 1 2,500 1,250 650 4,750 2,600 2,675 1,525 1,750 800 4,850 5,125 925 Total 9,150 9.775 10,475 a. Use intuition and judgment to estimate quarterly demand for the fourth year. The forecast for (2) boxes of chocolates. The forecast for quarter 3 is (3) boxe The forecast for quarter 4 is (4) boxes of chocolates. b. If the expected sales for chocolates are 12,225 cases for year 4, use the multiplicative seas prepare a forecast for each quarter of the year. (Round all intermediate calculations to two dec The first quarter forecast is_ whole number) The second quarter forecast is whole number.) The third quarter forecast is whole number.) The fourth quarter forecast is whole number.) quarter 1 is (1) -boxes of chocolates. The forecast for quarter 2 boxes of chocolates. (Enter your response round boxes of chocolates. (Enter your response r boxes of chocolates. (Enter your response rou boxes of chocolates. (Enter your response (4)5,225 1,525 1,625 O 1,875 (3)1,025 O 825 O 800 (1)2,825 (2) 02,525 O 2,600 O 4,850 O 5,025Explanation / Answer
(a) By intution and judgement
The demand for quarter 1 is 2,825 boxes of chocolates.
The demad for quarter 2 is 1,875 boxes of chocolates
The demand for quarter 3 is 1,025 boxes of chocolates.
The demand for quarter 4 is 5,225 boxes of chocolates.
(B) First quarter forecast = (2500 + 2600 +2675) / ( 9150 + 9775 + 10,475) * 12,225 = 3,233 Boxes
Second qaurter forecast =(1250 + 1525 +1750) / ( 9150 + 9775 + 10,475) * 12,225 = 1882 Boxes
Third Quarter forecast =(650 + 825 +900) / ( 9150 + 9775 + 10,475) * 12,225 = 987 Boxes
Fourth Quarter forecast =(4750 + 4850 +5125) / ( 9150 + 9775 + 10,475) * 12,225 = 6123 Boxes
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.