Submitted by: Submitted by adasdasdas
Views: 10
Words: 336
Pages: 2
Category: Business and Industry
Date Submitted: 10/22/2016 03:37 AM
CASE
Highline Financial Services, Ltd.
Highline Financial Services provides three categories of service to its
clients. Managing partner Freddie Mack is getting ready to prepare
financial and personnel hiring (or layoff) plans for the coming year. He
is a bit perplexed by the following printout he obtained, which seems to
show oscillating demand for the three categories of services over the
past eight quarters:
SERVICE
Year
Quarter
A
B
C
1
1
2
3
4
60
45
100
75
95
85
92
65
93
90
110
90
Assuming nothing changes in terms of advertising
or promotion, and competition doesn’t change, predict demand for the services the company offers for the next four quarters. Note that there are not enough data to develop seasonal relatives.
Nonetheless, you should be able to make reasonably good, approximate
intuitive estimates of demand. What general observations can you make
regarding demand? Should Freddie have any concerns? Explain.
SERVICE
Year
Quarter
A
B
C
2
1
2
3
4
72
51
112
85
85
75
85
50
102
75
110
100
Examine the demand that this company has experienced for the
three categories of service it offers over the preceding two years.
Acar, Yavuc, and Everette S. Gardner, Jr. “Forecasting
Method Selection in a Global Supply Chain.” International Journal of Forecasting 28, no. 4 (October–
December 2012), 842–48.
Bonomo, Charles. “Forecasting from the Center of the
Supply Chain.” Journal of Business Forecasting
Methods and Systems 22, no. 1 (Spring 2003), p. 3.
Byrne, Robert F. “Forecasting Performance for North
American Consumer Products.” Journal of Business
Forecasting 31, no. 3 (Fall 2012), p. 12.
Hanke, John, and Dean Wichern. Business Forecasting.
9th ed. Upper Saddle River, NJ: Pearson, 2009.
Hopp, Wallace J., and Mark I. Spearman. Factory
Physics. 3rd ed. New York: McGraw-Hill, 2008.
Wilson, J. Holton, Barry Keating, and John Galt Solutions. Business...