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Describe your naive method approach to forecasting

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Reference no: EM133547474

Case Study: with excel template with actual profits included, you will assume the role of operations manager for the XYZ Manufacturing Company. Use the moving average method to forecast/calculate the quarterly average profit and to analyze future cost for the company for the next three years.

Question: in a memorandum for senior management, detail the following:

  • Describe your naïve method approach to forecasting and explain how moving averages are valid.
  • Describe your forecasts for the XYZ Manufacturing Company show for the next three years.

 

Reference no: EM133547474

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