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- Under what conditions might a firm use multiple forecasting methods?Year Season Sales 2018 Winter 40 2018 Spring 29 2018 Summer 31 2018 Fall 40 2019 Winter 102 2019 Spring 87 2019 Summer 96 2019 Fall 132 2020 Winter 105 2020 Spring 93 2020 Summer 105 2020 Fall 117 2021 Winter 141 2021 Spring 39 2021 Summer 114 2021 Fall 123 What is the slope of the trend equation obtained by linear regression? Round to two decimal digits. What is the intercept of the trend equation obtained by linear regression? Round to two decimal digits. What is the seasonal index for Spring? Round to two decimal digits. The quarter number for Winter of 2018 is 1. What is the quarter number for Spring of 2025? What is the trend based forecast for Spring of 2025. Round to a whole number. What is the seasonally adjusted trend based forecast for Spring of 2025? Please do not use excel to find the slope and intercept, thank you so much!How would a fast-moving consumer good (FMCG) retailer use collaborative forecasting to improve supply chain performance? 1) manufacturer new product introductions can be better integrated with category assortment plans 2) retail promotional plans can be shared with suppliers to reduce the bullwhip effect 3) retail promotional plans can be shared with suppliers to ensure adequate availability 4) all of the above
- MovieFlix - Advertising and Subscriptions Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Advertising Expenditure $ 000 51 58 62 65 68 75 77 78 78 84 85 76 Membership Subscriptions (1) Plot the scattergraph for the data. 62 68 66 66 欲 72 73 72 78 73 75 67 76 (ii) Use the data, to develop a regression equation relating advertisi. expenditure to membership. (iii) Estimate the membership if $40 000 is spent on advertising. (iv) How much must be spent on advertising to obtain a membership of 80 (000)? (v) What is the nature of the relationship between advertising expenditure and membership? (vi) Forecast 2024 membership using an alternative method, clearly explaining the limitations of your selected method. (vii) What are the limitations of the method used in (iii)?b. The following table shows the number of televisions sold over the last ten years at alocal electronic store. YEAR TV SALES 1 1502 3003 4804 6005 6306 6407 7008 8259 90010 980 i. Using trend projection, develop a formula to predict sales for years 11 and 12. Youhave to show all working. You will need to develop a table to calculate the slope andthe intercept. ii. Use that formula to forecast television sales for years 11 and 12.As a Sales Head for a consumer durable firm, you wish to have sales forecast trends based on past sales rendered. Briefly describe the methods of forecasting future demand on the basis of past sales.
- 1. Explain the price in 4Ps. 2. Explain the marketing price of jewelry. 3. Explain the statistic based on picture.The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and that the seasonal cycle is one year. QUARTER SALES 1 215 2 240 3 205 4 190 5 160 6 195 7 150 8 140 Use regression and seasonal indexes to forecast quarterly sales for the next year. Note: Do not round intermediate calculations. Round your answers to 1 decimal place.Which type of analytics is used to know the effect of product price on sales. OA) predictive OB) forecast C) prescriptive D) descriptive
- Forecasts and actual sales of digital music players at Just Say Music are as follows: Month Forecast Actual Sales March 150 170 April 207 214 May 202 190 June 265 247 July 268 242 August 250 210 September 285 240 October 267 192 What is the forecast for November, using a two-period moving average? Round your answer to two decimal places. What is the forecast for November, using a three-period moving average? Round your answer to two decimal places. Compute MSE for the two- and three-period moving average models and compare your results. Do not round intermediate calculations. Round your answers to two decimal places.105 Which of the following real estate mortgage transactions is subject to the TILA-RESPA Integrated Disclosure rule (TRID)? A) Reverse mortgage B) Home equity line of credit (HELOC) C) A single-family residence loan secured by real property D) Mortgage secured by a mobile home not attached to landDemand forecasting helps a company to respond quickly to market changesgiving the firm a competitive advantage. The process of forecasting establishesthe link between planning and control for the company, and facilitates theeffective output of the firm’s goods and services. A common quantitativemethod of forecasting is time series. Explain what is involved in time seriesanalysis and its significance to demand forecasting.