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Case
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Reference no. UVA-OM-0335
Authors: James R Freeland
Published by: Darden Business Publishing
Originally published in: 1986
Version: September 1991

Abstract

The president of a manufacturer of communications equipment faces increasing inventories and backlogs. Forecasts seem to be too high which is creating havoc in the computerized planning and control system used to plan and schedule production. Financial managers believe forecasts that are at least eighty percent accurate are possible. Exhibits present historical data that can be used to study whether quantitative tools could assist in developing accurate forecasts. Appropriate audiences for this material includes any ''operations'' oriented course or management science course that deals with forecasting issues.

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Abstract

The president of a manufacturer of communications equipment faces increasing inventories and backlogs. Forecasts seem to be too high which is creating havoc in the computerized planning and control system used to plan and schedule production. Financial managers believe forecasts that are at least eighty percent accurate are possible. Exhibits present historical data that can be used to study whether quantitative tools could assist in developing accurate forecasts. Appropriate audiences for this material includes any ''operations'' oriented course or management science course that deals with forecasting issues.

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