Forecast the amount of product

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Reference no: EM133022595

Use Tableau to forecast the Quantity Dispensed by all the machines, you will forecast the dispense of ALL products and the dispense of a specific product. For the assignment, you will use the Fastenal Dataset to forecast for the total "Quantity Dispensed".

Using Tableau create the following charts and answer the following questions. Make sure to include the image of the charts where necessary and/or specified.

Before you do the forecast make sure to:

  • Convert the Date field to "Date" in Tableau.
  • On your Sheet 1, drag the Date field to Columns and the Quantity Dispensed field to Rows.
  • Transform YEAR(Date) field to Day (see image). The pill must turn Green when done.

1). Forecast the amount of product (Quantity Dispensed) for the months of October, November, and December 2018. (Include chart) answer the following questions with the created chart. On the "Forecast Options" window, make sure to change the Forecast Length to Exactly 5 Months and check the "Fill in missing values with zeroes" option.

  • What will be the estimated Quantity Dispensed for November 2, 2018
  • What will be the estimated Quantity Dispensed for December 17, 2018
  • What will be the estimated Quantity Dispensed for December 29, 2018

2). Forecast the amount of product (Quantity Dispensed) for the months of October, November, and December 2018 for product SKU # 1053194V05. (Include chart) answer the following questions with the created chart. On the "Forecast Options" window, make sure to change the Forecast Length to Exactly 5 Months and check the "Fill in missing values with zeroes" option.

  • What is the trend of the forecast, positive or negative?
  • What will be the estimated Quantity Dispensed for November 2, 2018
  • What will be the estimated Quantity Dispensed for December 17, 2018
  • What will be the estimated Quantity Dispensed for December 29, 2018

Reference no: EM133022595

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