Thursday, August 25, 2011

Mark Cotteleer owns a company that manufactures sailboats

Production and Operations Management



MGT 455 Module 3: Assignments



Module 3: Topic and Objectives

Forecasting



Module 3: Assignments



Problem 4.27 Mark Cotteleer owns a company that manufactures sailboats. Actual demand for Mark’s sailboats during each season in 2004 through 2007 was as follows:



Year

Season 2004 2005 2006 2007

Winter 1,400 1,200 1,000 900

Spring 1,500 1,400 1,600 1,500

Summer 1,000 2,100 2,000 1,900

Fall 600 750 650 500



Mark has forecasted that annual demand for his sailboats in 2009 will equal 5,600 sailboats. Based on this data and the multiplicative seasonal model, what will the demand level be for Mark’s sailboats in the spring of 2009?



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