FORECASTING FORECASTING INVENTORY

DistCo, a large warehouse service company in the San Francisco Bay Area, stores pharmaceutical products for customers while they are in transit to local retailers. DistCo can store a maximum of 280,000 cases of products at its present facility. Because their business has been growing, the company?s management wonders if they should acquire other warehouses in 2001. The materials specialist has accumulated the following inventory data:Inventory (thousandYear Quarter Period of cases)______________________________________1996 1 1 1762 2 1343 3 1864 4 1951997 1 5 1892 6 1573 7 1954 8 2111998 1 9 2052 10 1803 11 2124 12 2291999 1 13 2232 14 1923 15 2344 16 2482000 1 17 2392 18 2173 19 2714 20 284_______________________________________1. Select the best forecasting model and justify why it is better than other model.2. What quarterly inventory is to be expected in each quarter of 2001?3. Should DistCo acquire more warehouse capacity in 2001?4. What are the potential factors that may affect the forecast accuracy of the model you have selected?

Unlike most other websites we deliver what we promise;

  • Our Support Staff are online 24/7
  • Our Writers are available 24/7
  • Most Urgent order is delivered with 6 Hrs
  • 100% Original Assignment Plagiarism report can be sent to you upon request.

GET 15 % DISCOUNT TODAY use the discount code PAPER15 at the order form.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total: