Purpose:
The purpose of this assignment is for you to demonstrate how to create a 24 month qualitative forecast. Its expected outcomes should have the student provide an understanding of how a customer’s demand is forecasted, assessed and measured for accuracy and customer satisfaction.
Instructions:
Jones Company distributes power supplies used for electronic toys. They have been in business for five years and the past five-year demand for power supply X52 is the following:
Year
Demand
1
12,925
2
17,263
3
22,512
4
28,765
5
31,646
Assume it’s January 1 and Jones needs help with developing the forecast for the next two years. Complete the following tasks to help Jones:
NOTE: All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse. You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in-text citations and an associated reference list only).
Required Elements of the Customer Qualitative Forecast Memo :
Required Formatting of Customer Qualitative Forecast Memo :
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