Big 10 Sweater Case Study

Forecasting should include the use of both quantitative and qualitative approaches to forecast demand for its products.

Use the sales forecaster’s predication to describe a normal probability distribution that can be used to approximate the demand distribution. Sketch the distribution and show its mean and standard deviation.

Aggregate demand is a schedule or curve that shows the total quantity of goods and services demanded at different price levels. Aggregate supply is a schedule or curve that shows the total quantity of goods and services produced at different price levels.

— Often, venture capital firms preserve an appropriate percentage of their funds to participate in follow-on fund raisings

The current demand forecasting method is based on qualitative techniques more than quantitative ones. If the forecast is not accurate, the company would carry both inventory and stock out costs. It might lose customers due to shortage of supply or carry additional holding costs due to excess production. If the actual demand doesn’t match the forecast ones, and the forecast was too high, this will result in high inventories, obsolescence, asset disposals, and increased carrying costs. When a forecast is too low, the customer resorts to a competitive product or retailer. A supplier could lose both sales and shelf space at that retail location forever if their predictions continue to be inaccurate. The tolerance level of the average consumer

Revenues and Direct Costs are as follows: $16,000,000 in total revenues, $9,833,155 in direct expenses, $6,166,845 in contribution margin, and 38.5% in percent of revenues. Their indirect costs are as follows: $1,200,000 in facilities costs, $1,600,000 in general overhead, and $2,800,000 in total overhead. This leaves the OP

Founders that intend to drive the business long-term should receive the larger chunk of the equity. Part-time founders and non-performing founders should expect very little. Early cash is valuable.

* Forecasting is an impartial strategic ingredient that will ensure apt base for reputable planning. Our forecast is always the first step in developing plans in running the business along with our future plans of growth strategies. With this tool, we are able to anticipate our sales within reason that then can allow for us to control our costs in conjunction with inventory which will then help us to enhance our customer service. Sales forecasting is a vital strategic tactic in our company’s methodology.

company is now three years old and has only sold $1,500 worth of inventory. This problem

3. Market Share: forecasting will help in identifying the size of the market share and market potential will aid in the manufacturing and distribution process. Will also aid in proper utilization and eliminate waste.

INVESTools should definitely capitalize these expenses. The practice of not capitalizing these expenses has led to routine recording of net losses

The French speaking people of Quebec lived under heavy oppression in the 1950s and 60s. Many francophone people looking for work in Quebec cities were refused because of their French background. In areas such as Montreal, the francophone people were earning up to 50 percent less than their English speaking peers. There was a clear distinction between the quality of life for the English and the quality of life for the French. It was because of this distinction that the people of Quebec often resented the English and their ways of life. And it is from this resentment, the story The Hockey Sweater was written. The Hockey Sweater is a story told from the perspective of a young boy living in a small town in Quebec. He,

Net initial investment: $8.25 million. The total cash payment is offset by the after-tax proceeds from the sale of the existing spinning machine.

The revenue is $600,600*1.2= $720,720. The variable cost changes as sales increases and fixed cost stays the same, the gross profit is $175,500. After tax, the net income is $100,557.

In the revised income statement, projected net income after taxes would significantly increase from $3,963K to $4,651K in 2011, and from $3,818K to $4,716K in 2012. This is predominantly driven by the sales growth of $21.6 million in 2011 and $28 million in 2012. Without this project, net income would have otherwise peaked in 2011 and decline in subsequent years. Thus, this investment