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Describe three different forecasting applications at the café

Describe three different forecasting applications at the café

Describe three different forecasting applications at the café

  1. In relationship to the Hard Rock Café business:

a) Describe three different forecasting applications at the café

b) Name three other areas in which you think the café could use forecasting models (no one-liners; full and detailed explanation)

2. What is the role of the POS system in forecasting at Hard Rock Café?

3. Justify the use of the weighting system used for evaluating managers for annual bonuses (begin with a compare/contrast of the advantages/disadvantages and go from there)

4. Name several variables besides those mentioned in the case that could be used as good predictors of daily sales in each café (explain why you suggest them in details. While generic ideas from the Internet or any Supply Chain Management textbook do apply to almost any business, your answers and explanations must be specific to this business)

Please answer this question using the case study I have provided.

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