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Computer Science, Other
Year 1

iNTRODUCTION TO mANAGEMENT


I LIKE THE HELP OF AN OTA PLEASE.
The Fastgro Fertilizer Company distributes fertilizer to various lawn and garden shops. The company must base its quarterly production schedule on a forecast of how many tons of fertilizer will be demand from it. The company has gathered the following data for the past three years from its sales records.
year-------Quarter--------Demand for Fertilizer(tons)
_____________________________________________________
1            1                   105
             2                   150
             3                    93
             4                   121
2           5                    140
             6                   170
             7                   105
             8                   150
3            9                   150
            10                   170
            11                   110
            12                   130
_______________________________________
a) Compute a three-quarter moving average forecast for quarters 4 through 13 and compute the forecast for each quarter.
b) Develop a seasonally adjusted forecast for the demand data for fertilizer. Then use a linear trend line model to compute a forecast estimate for demand in year 4.

By OTA:  Ramas Ramaswami, PhD

OTA Rating:  4.8/5

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