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Wilkins A Zurn Company

Wilkins Company is looking to develop a forecasting technique to accurately predict demand for its products. They have two main products - PVB and Fire Valves - which have different demand patterns requiring separate forecasting models. PVB shows clear trend and seasonality, so a winters model can be applied to forecast demand. The company needs the new method to incorporate macroeconomic variables, forecast demand for new products, and account for price promotions, while ensuring reliability of predictions.

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Love Singh
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691 views3 pages

Wilkins A Zurn Company

Wilkins Company is looking to develop a forecasting technique to accurately predict demand for its products. They have two main products - PVB and Fire Valves - which have different demand patterns requiring separate forecasting models. PVB shows clear trend and seasonality, so a winters model can be applied to forecast demand. The company needs the new method to incorporate macroeconomic variables, forecast demand for new products, and account for price promotions, while ensuring reliability of predictions.

Uploaded by

Love Singh
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SLBMI TTI BY:

ANLRAG { o1 )
IIPAK HARI { o1 )
LLV SI NGH { o,)
SATI SH CHANRA { oq)
WKNS A ZURN COMPANY:
DEMAND ORECASTNG
TIe Compuny
O TIe compuny WIIkIns Is LryIng Lo come up wILI u
IorecusLIng LecInIque LIuL cun precIseIy predIcL LIe
demund Ior ILs producLs.
O TIe compuny Ius u IoL oI Issues LIuL LIey need Lo
IncorporuLe InLo LIeIr IorecusLIng meLIod. TIese ure:
ncIudIng mucroeconomIc vurIubIes
orecusLIng meLIod Ior LIeIr new producLs
PrIce promoLIon oIIers
TIe reIIubIIILy oI LIeIr IorecusLIng meLIod
TIe MeLIodoIogy
O TIe compuny Ius Lwo producLs
PVB
Ire VuIves
O TIese Lwo producLs Iuve dIIIerenL demund puLLerns
so LIe IorecusLIng meLIod Ior LIese Lwo producLs wIII
be dIIIerenL
O PVB cIeurIy sIows Lrend und seusonuIILy so Iere
wInLers modeI cun be uppIIed

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