Forecasting at State University

| September 12, 2016

Discuss – Type up 300 words regarding forecasting and this case study

Forecasting at State University
During the past few years the legislature has severely reduced
funding for State University. In reaction, the administration at
State has significantly raised tuition each year for the past five
years. A bargain five years ago, State is now considered an
expensive state-supported university. Some parents and
students now question the value of a State education, and
applications for admission have declined. Since a portion of
state educational funding is based on a formula tied to enrollments, State has maintained its enrollment levels by
going deeper into its applicant pool and accepting less quali-
fied students.

On top of these problems, an increase in the college-age
population is expected in this decade. Key members of the
state legislature have told the university administration that
State will be expected to absorb additional students during this
decade. However, because of the economic outlook and the
budget situation, State should not expect any funding increases
for additional facilities, classrooms, dormitory rooms, or faculty.
The university already has a classroom deficit in excess of 25%,
and class sizes are above the average of their peer institutions.
The president of the university, Tanisha Lindsey, established
several task forces consisting of faculty and administrators to
address these problems. These groups made a number of recommendations, including the implementation of total quality
management (TQM) practices and more in-depth, focused

Discuss in general terms how forecasting might be used
for planning to address these specific problems and the role
of forecasting in initiating a TQM approach. Include in your
discussion the types of forecasting methods that might

Order your essay today and save 20% with the discount code: ESSAYHELP
Order your essay today and save 20% with the discount code: ESSAYHELPOrder Now