Conference need 5 paragraphs

Conference need 5 paragraphs

Your boss recently returned from a executive development conference and has taken a new interest in forecasting and forecasting errors. He asks you the following questions.

 

  • Should your division be using moving average, weighted average, or exponential smoothing in forecasting calculations? Why?
  • What are some sources of forecast errors?
  • What is a control chart, and what is the benefit to using them for forecasting errors?
  • What are aggregate capacity requirements, and how could they be applied?

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