produce their hev next generation Corporation is plannin iPhone the said product will compete the product lines of Samsung, the management is hoping that it will further increase their revenue starting 2nd Quarter of 2018. roduct calle cot Below is the historical data of actual sales and forecast of iPhone last 2017: Forecast Sales in Million Actual sales in Million Month Units Units Jan 51 55.3 Feb 52 54.1 Mar 53 62.3 Apr 55 61.1 May 57 58.6 June 60 59.2 July 62 67.3 Aug 65 70.2 Sep 68 75.1 Oct 69 79.2 Nov 70 80.1 Dec 75 81.2 Solve the following questions: According to operations manager the bottleneck process is tester with weekly capacity of 120,500 units and it has machine inventory of 85 testers, how many additional testers are needed to support the startup of the new product? Per feedback from accounting department the fixed cost for investing the new product is 4,500,000andvariablecostof0.75 per unit and selling price of $5 per unit, how much quantity is needed to break-even, is the forecasted demand could help increase the revenue of Apple?
produce their hev next generation Corporation is plannin iPhone the said product will compete the product lines of Samsung, the management is hoping that it will further increase their revenue starting 2nd Quarter of 2018. roduct calle cot Below is the historical data of actual sales and forecast of iPhone last 2017: Forecast Sales in Million Actual sales in Million Month Units Units Jan 51 55.3 Feb 52 54.1 Mar 53 62.3 Apr 55 61.1 May 57 58.6 June 60 59.2 July 62 67.3 Aug 65 70.2 Sep 68 75.1 Oct 69 79.2 Nov 70 80.1 Dec 75 81.2 Solve the following questions: According to operations manager the bottleneck process is tester with weekly capacity of 120,500 units and it has machine inventory of 85 testers, how many additional testers are needed to support the startup of the new product? Per feedback from accounting department the fixed cost for investing the new product is 4,500,000andvariablecostof0.75 per unit and selling price of $5 per unit, how much quantity is needed to break-even, is the forecasted demand could help increase the revenue of Apple?
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?
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