Electronic Manufacturing Inc. is dedicated to the production of diverse products related to computers. Below you will see the production data of four of their products during the past 3 years presented in quarters.
Examine the historical production trends and address the following:
• Prepare demand forecasts for the next four quarters for all four products.
• Describe the forecasting method you chose and explain why that forecasting method is best suited to this scenario.
• Explain why you did, or did not, choose the same forecasting method for each product.
• What are the benefits of using a formalized approach to forecasting these products?
