Purchase Solution

production forecast

Not what you're looking for?

Ask Custom Question

A production forecast for the Riordan electric fans, including Excel spreadsheet or charts.

Purchase this Solution
Solution Summary

This answer provides you an excellent discussion on production forecast.

Solution Preview

See the attache file.

The production forecast for Riordan is based on the actual production of Riordan. The past production is
Year
2001 2456
2002 2754
2003 2521
2004 2760
2005 3467
2006 3520
2007 3350
2008 4200
2009 4103

There are two pints where there was an increase in the production capacity at Riordan. First during 2004 and 2005 there was an increase in the production capacity and ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

View More Free Quizzes
Related BrainMass Solutions

  • 3 month and 5 month Simple Moving Average Forecast

    The simple moving average is used by me to forecast the sales so that I can develop a production plan for the manufacturing facility. It is necessary for me to develop a production plan for several reasons.

  • Most important forecast in a master budget

    ANSWERS The most important forecast made in the master budget is the sales forecast. This is so because the budgeted sales quantity in the budgeted period will determine the production budget, administrative and marketing cost budgets.

  • The budgeting process

    The budgeting process starts with a sales forecast. From this expectation of product demand, the production budget is crafted.

  • Estimate the linear trend equation for the production series

    Fore cast for 2500 will be 350 decrease in production units each year: So total decrease is: 350 * 5 = 1750 SO the forecast for 2005 is: 11000 - 1750 = 9250 (production units) The solution provides a detailed and step-by-step explanation of the problem

  • work environment more productive for managers

    The sales manager was also compelled to send an electronic copy of the forecast to the vice-president. The production manager was required to prepare a production plan that would produce each of the items listed in the forecast.

  • Sales forecast for financial planning

    Short-term financial planning begins with a sales forecast. From this sales forecast, production plans are developed that consider lead times and raw material requirements.

  • Sales Forecast & Production Schedule for Boswell Corporation

    197397 Sales Forecast & Production Schedule for Boswell Corporation The Boswell Corporation forecasts its sales in unit for the next four months: Sales Forecast March 6,000 April 8,000 May 5,500 June 4,000 Boswell maintains

  • Digby's product Deal: Compute production amount for inventory

    231865 Digby's product Deal: Compute production amount for inventory Deal is a product of the Digby company. Digby's sales forecast for Deal is 2012 units.

  • Forecast of GDP and PPI

    The household appliance industry use this forecast to change its prices and production process, which affects the operational and planning industries.

View More Related Solutions