Please write about the forecasting time horizons Whole Foods does such as short, medium and long term
forecasting.
((Short range forecast
Up to 1 year, generally less than 3 months
Purchasing, job scheduling, workforce levels, job assignments, production levels
Medium range forecast
3 months to 3 years
Sales and production planning, budgeting
Long range forecast
3+ years
New product planning, facility location, research and development ))
Also, talk about the forecast methods Whole Foods uses such as Quantitative or Qualitative. and the
approaches they use please.
Sample Solution
