Imagine you work for a breakfast cereal company that makes prepared products that are served cold. Your company wants to introduce a new hot breakfast cereal that would require some minimal preparation by the consumer. How would you propose forecasting initial demand for this product? Identify one quantitative and one qualitative technique. How do the techniques complement each other?
Week 3: Group Assignment #3 – Project Charter Measurement Phase Purpose of Activity: This assignment focuses on the “Measure”
Week 3: Group Assignment #3 – Project Charter Measurement Phase Purpose of Activity: This assignment focuses on the “Measure” phase of your Quality Improvement Initiative Charter, where you will develop a data collection plan and identify key performance indicators (KPIs) to assess the success of your project. By completing this