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Forecasting Unit Demand. Chester Corporation. Forecast Definition. To estimate or calculate in advance To serve as an advance indication of; foreshadow: price increases that forecast inflation. Estimate future trends by examining and analyzing available information.

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Forecasting unit demand

Forecasting Unit Demand

Chester Corporation


Forecast definition
Forecast Definition

  • To estimate or calculate in advance

  • To serve as an advance indication of; foreshadow: price increases that forecast inflation.

  • Estimate future trends by examining and analyzing available information.

  • A prediction, as of coming events or conditions.



Production analysis december 31 2010
Production Analysis December - 31, 2010

Low Tech Products – 9

High Tech Products - 4


Low tech market segment analysis
Low Tech Market Segment Analysis

Round 4 – December 31, 2010




Top products in low tech segment
Top Products in Low Tech Segment

Revision Date: April 24, 2011



Forecasting demand for cake

2011 Total Low Tech Unit Demand

Number of Products

Average Product Expected Sales

Cake Assessment

Low Tech Forecast

High Tech Forecast

Total Forecast

7,379 * 1.1 = 8117

8.5

955

Slightly Better than Average

955 * 1.10 = 1,050

225

1,275

Forecasting Demand for Cake


High tech market segment analysis
High Tech Market Segment Analysis

Round 4 – December 31, 2010




Top products in high tech segment
Top Products in High Tech Segment

Revision Date: May 29, 2011


Forecasting demand for cruton

2011 Total High Tech Unit Demand

Number of Products

Average Product Expected Sales

Cake Assessment

High Tech Forecast

Low Tech Forecast

Total Forecast

4,479 * 1.2 = 5,375

5

1,075

Above Average

1,075 * 1.20 = 1,290

0

1,290

Forecasting Demand for Cruton


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