Academic MBA Question:
a. The forecast for X sku for the month of July in several different cycles was as give below
Mar Cycle: 8000 units
Apr Cycle: 8500 units
May Cycle: 9,000 units
June Cycle: 7000 units
July Actuals: 5500 units
Calculate 1. Forecast Accuracy for M-1, M-2 & M-3 months 2. Forecast Bias for M-1, M-2 & M-3 months 3. Forecast Fidelity from M-2 to M-1 month.
b. Suggest the different ways of Improving Forecast Accuracy, Bias and Fidelity of New Launches.
Academic Assignment Answer:
