they need a good forecast so that they will know how many fabrics to purchase and stock. For the past 10 months, there had been unstable sales of cloth. During the first month of operations, sales were 890 yards, and there had been a steady growth of 5% per month for the next 3 months. However, after that, sales went down by 10% and continued the declining trend for the next 2 months. On the 7th month, sales were stabilized at 955 yards until the 10thmonth of operations. For every yard of cloth manufactured it needs 2 fiber A, 3 fiber B and 7 fiber C. Forecast for fiber A is based directly on yards of cloth sold, while the forecast for fiber B and C is based on the demand for fiber A
Marcic Textile Inc. manufactures customized cloth and textile from generic parts. Formed and operated by part-time students Marc and Eric, the company has had steady growth since it started. The company manufactures cloth mostly at night, using part-time students. The company purchases generic threads and fabric in volume at a discount from a variety of sources whenever they see a good deal. Thus, they need a good
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