Whole Foods Market
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.
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