Product Forecasts: Utilizing the example from the Economist Intelligence Unit, students (individually) will provide their managers (professor) an analysis and forecast of demand for a commodity (e.g., gold, silver, zinc, aluminum, oil, sugar, coffee, nickel, wheat, corn but not cocoa). (Although some consider currencies a commodity | don’t want you to provide a forecast for one.) In addition to an analysis of present demand, provide a short- term forecast (next 3 months), intermediate forecast (1-2 years), and long term forecast for the commodity (5 years), please include actual cost/unit
forecasts for these periods. Students will be evaluated on the logic of their analysis and forecast.
Sample Solution