Critical Thinking: Forecasting ( OPERATIONS MANAGEMENT )

Description (100 points) Read through the Case Study entitled “Highline Financial Services, Ltd.” in Chapter 3 of your textbook. Examine the historical trends this company has experienced for the three products (A, B, C) discussed over the 2 years shown. In a 4-5 page paper, not including the cover and reference pages, prepare demand forecasts for the next four quarters for all three products, describe the forecasting method you chose and explain why that forecasting method is best suited to the 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? Be sure to use at least two scholarly, peer-reviewed reference in supporting your answer. Current sources are those published within the most recent five-year period, and scholarly sources are those from peer-reviewed journals. Make certain for each listed reference that you have at least one supporting citation in the body of your content. Your reference page is always the last page of the submission where all individual references get listed. The Saudi Digital Library is a good resource to search for these references. Submit your presentation into the Assignment Dropbox. It is strongly encouraged that you submit all assignments into the TurnItIn Originality Check prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the TurnItIn Originality Check – Student Guide for step-by-step instructions THE TEXT BOOK Stevenson, W. (2018). Operations management (13th ed.). New York, NY: McGraw-Hill Irwin. ISBN-13: 9781259667473