How to apply operations forecasting


Assignment:

Purpose of Assignment

The purpose of this assignment is for students to learn how to apply Operations Forecasting.

Assignment Steps

Resources: Microsoft Excel

Select a business operations dataset from the internet or other sources which can be used for forecasting in the University Library. Some of the companys that I have used in the recent past are Target, Nike, Macy's and Amazon.

Develop a minimum of three quantitative forecasts using Microsoft Excel.

Compare and contrast each quantitative forecast you develop.

Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this.

Evaluate the impact this forecast would have on the firm from a financial metrics standpoint.

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Operation Management: How to apply operations forecasting
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