How would you propose forecasting the initial demand

Assignment Help Operation Management
Reference no: EM132229227

Product Forecasting

Suppose that you work for a company that produces breakfast cereals, such as corn flakes. Your company is planning to introduce a completely new product for the company -- a hot breakfast product made from ingredients that require some minimal consumer preparation. How would you propose forecasting the initial demand for this product?

Reference no: EM132229227

Questions Cloud

What are the main business entities for a restaurant : What are the main business entities for a restaurant? Which would you choose and why?
Develop and implement linear optimization model : Develop and implement a linear optimization model and clearly explain the report you get.
Explain at least one ethical issue that exists in scenario : Explain at least one ethical issue that exists in this scenario. What are some steps that Barbara can take to help clients to maintain confidentiality.
How does it impact a delay in filing a lawsuit : What is defense of laches and how does it impact a delay in filing a lawsuit?
How would you propose forecasting the initial demand : How would you propose forecasting the initial demand for this product?
Unity of a command principle : As a practicing manager, how could you justify the use of a matrix structure gives that it potentially violates the unity of a command principle?
Quantitative analysis for management : Course Takeaways: Quantitative Analysis for Management
Products in the domestic market in china : If you were a sport company's marketing director in China, what are your foreign marketing strategies in terms of marketing your products in the domestic market
How would you propose forecasting initial demand : “Suppose that you work for a company that produces breakfast cereals, such as corn flakes. How would you propose forecasting the initial demand.”

Reviews

Write a Review

Operation Management Questions & Answers

  Describe and explain why this process will be useful and how

Use the integrated strategic change intervention. Describe and explain why this process will be useful and how it can be implemented within VRD given the facts in the case

  Literature that focuses on the effect divorce

Over the years, respected authorities have changed their minds several times concerning divorce and its impact on children. Based on your readings, discuss the literature that focuses on the effect divorce has on children.

  Definition of production operations management

Elaborate your own definition of production operations management, including manufacturing and service operations. Then, assess the implication of technology in your definition. Lastly, appraise the impact of your previous responses to your Operation..

  Which are produced by a cooperative of small farmers

Imagine you are a wholesale for poultry products such as chicken and eggs, which are produced by a cooperative of small farmers.

  Access the center for disease control

Access the Center for Disease Control (CDC) website and track a disease outbreak locally or statewide

  Project while navigating the tough political map

Explain how you would gather the information needed to start your project while navigating the tough political map.

  Whenever an employee volunteers to run a canned food drive

1 when an employee volunteers to run a canned food drive this is an example ofa. employee productivityb. organizational

  Point of view in multicultural stories

What are some special considerations used in point of view in multicultural stories? Why is it important to think about the point of view?

  Huntington ingalls builds workforce to do hard stuff

Huntington Ingalls Industries (HII) is the largest U.S. shipbuilding company serving the military; its products include aircraft carriers, submarines,

  Evaluate the existing packages available in the market

If you were the CEO of a Retail Chain of stores, what are the factors you would consider in choosing ( selecting ) an ERM / CRM Package software. Evaluate the existing packages available in the market and give your opinion about them in the context o..

  What is the relevance of break-even points for these cities

Hugh Leacher Corp. a producer of machine tools, wants to move a large site. Two alternative locations have been identified: Ooltewah and South Pittsburg. Ooltewah would have a fixed cost of $800,000 per year and variable costs of $14,000 per standard..

  Explain how the four principles of data collection

Explain how the “Four Principles of Data Collection” 'What strategies are some nonbank financial institutions using to increased their customer base'.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd