Does the temperature appear to be a good indicator for demand?- If the average temperature in the coming week is expected to be 32°, what is your forecast for demand?
Homework #7 You work for a pharmaceutical company that produces 6 products at their plant. One of these products (Prod 5) is used to treat a seasonal illness. Demand for all other products is relatively stable. You want to develop a method to forecast the demand for Prod 5. a. You have gathered the weekly […]