ong-term forecast
Q: Construct a time senies plot. what yoe of patten exists in the data 2 Compare moving avenage thing…
A: Here, for the given data, First, I would draw the time series plot, this plot could be defined by…
Q: Today is May 16th. We have got the interim result of the sales figures in the first half of May.…
A: Sales targets stated before the beginning of the task give a clear idea to the sales agents…
Q: In your own opinion, which is a better planning tool: benchmarking or forecasting
A: Planning Tools are helpful in guiding organizational actions steps associated with the execution of…
Q: My App is a small but growing start-up that sees demand for several of its apps increasing quickly.…
A: Double exponential smoothing is a forecasting model which identify the forecasting with the…
Q: The solution of coping with natural differences between marketing and production functions is to do…
A: Option 1: - When natural differences occur in production and marketing it is necessary to have…
Q: a) Is there a strong linear trend in sales over time? b) Fill in the table with what Bob and Sherry…
A: Using excel for performing regression with Sales as the dependent variable and period as independent…
Q: In the Stokely Company, marketing makes a sales forecast by developing a sales force composite.…
A: In the Stokely company, the sales and operations team are generating their own sales forecast by…
Q: Distinguish between the following types of forecasts:a. Aggregate versus single item
A: Forecasting is the process of identifying the demand accurately for future production planning and…
Q: Demand forecasting is a process of
A: Demand forecasting is the process of making guesses about future customer demand over a defined…
Q: Which would result in a positive budget forecasting error?
A: Budget forecasting helps in determining the short term as well as long term goals of the company.…
Q: The following table shows the past two years of quarterly sales information. Assume that there are…
A:
Q: Compare and contrast between the grassroots forecasting technique and the Delphi method.
A: Meaning- Grassroots forecasting technique The grassroots method asks those nearest to the end…
Q: Evaluate what is the purpose of a forecast. What factors does a firm use to create its forecasts of…
A: Forecasting refers to predicting the future with the help of the data available to the company. The…
Q: Developing joint forecasting with supply chain partners offersthe following benefits:a) Reduce…
A: A supply chain is a network between a business and its suppliers to manufacture and sell to the…
Q: Distinguish between the following types of forecasts:b. Short-term versus long-term
A: Forecasting is generally used to predict future events. Forecasting is done with the help of past…
Q: Consider the following information: Year Quarter Actual Sales (000) 2018 1 20 2 15…
A: The trend projection method depends with the understanding that the elements obligated for the…
Q: Use the guiding questions below to develop recommendations based on the June budget to help the…
A: Marketing budget refers to the monetary aspects of the marketing department. It deals with the money…
Q: Demand forecasting is the primary data for decision-making in any organization. a. What will happen…
A: Demand forecasting refers to a decision-making process that helps companies to predict future…
Q: Historical demand for a product is as follows. The sales manager wants to test various forecasting…
A: Calculate forecasting model using MAD, Mean Absolute Deviation The formula is: MAD … (2) Here, A…
Q: Distinguish between the following types of forecasts:a. Aggregate versus single item.b. Short-term…
A: Since you have asked for multiple subparts, we will solve the first two sub-parts for you. To get…
Q: 1. A forecaster must decide on the value of this factor before he can use the simple moving average…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: How are you going to make your forecast more effective? Give a concrete example.
A: Forecasting is a decision-making tool used by many businesses to help in budgeting, planning, and…
Q: When a new business is started, or a patent idea needs funding, venture capitalists or investment…
A: With the inception of any new enterprise or business, there exists a requirement for the funding and…
Q: .............. help you to make better decisions, or to plan your business strategy, by challenging…
A: .............. help you to make better decisions, or to plan your business strategy, by challenging…
Q: determines the length of the future time period for which a sales forecast must be prepared for…
A: Planning is a fundamental activity of management. Forecasting forms the basis of planning. Be it…
Q: What is the term for forecasts used for making day-to-day decisions about meeting demand?
A: Forecasting is a technique used to predict future events using quantitative and qualitative methods…
Q: Sales of tablet computers at Ted Glickman's electronicsstore in Washington, D.C., over the past 10…
A: Given data is
Q: Demand forecasting is the art and science of predicting future market demand. Select one: a. True b.…
A: Demand forecasting refers to predicting customer demands by using historical sales data. It…
Q: Which OPSCM maco designs / operations models / manufacturing environments use a forecast to plan for…
A: This method involves evaluating the production of a specific number of each production model and its…
Q: b. Explain the term “wrong” as it pertains to a good forecast
A: A forecast that is done by considering all the trends from current and historical data and by…
Q: Which of the following techniques helps the firm eliminate inventory carrying costs? a. Using a…
A: The cost that is incurred on the storage of unsold goods by the organization is known as inventory…
Q: Suppose that you are asked to forecast future stockprices of ABC Corporation, so you proceed to…
A: The accompanying information should be gathered to figure future stock costs of abc organization:-
Q: a) What is the value of your forecast?
A: The weighted moving averages (WMA) are accomplished by multiplying every quantity in the data set…
Q: Serena just visited a restaurant for dinner. During the dinner time, she overheard two customers…
A: It's a case where employees have leaked the confidential information unknowingly in the public. It's…
Q: b) Use exponential smoothing with a smoothing constant of 0.30 to forecast the sales. Assume that…
A: The Exponentially Weighted Moving Average (EWMA) is a quantitative or factual measure used to…
Q: Q.2.2 Compare and contrast between the grassroots forecasting technique and the Delphi method. Q.2.2…
A: The grassroots strategy asks those nearest to the end client to figure out what they will sell in…
Q: A is the collection of d that helps forecast whether an idea, opportunity or venture will survive.…
A: Business forecasting: Estimate what will happen in the future, especially by considering present…
Q: Information that is used by investors for expecting future earnings is recorded in Select one: a.…
A: The correct option is option a. annual report.
Q: Which type of industries would make the most use of short-range forecasts? Which would make the most…
A: Forecasting means predicting something based on historical data. Forecasting is used by the firms to…
Q: how to turn this weaknesses below into strength to a company? Not very good at product demand…
A: Hi! Thanks for the question. As per our Bartleby guideline we are supposed to do first three…
Q: Which one of the following is considered a disadvantage of sales force composite method of…
A: The Sale Force Composite Method is a sale forecasting method wherein the sales specialists forecast…
Q: ering the necessary information for financial forecasting for a startup company that doesn’t have…
A: Financial Forecasting is the process of preparing, assessing, or anticipating a business' future…
Q: 40 ________ is a planning tool that relies on past data to predict the future demand: Select one:…
A: ANSWER: Forecasting is the planning tool that relies on past data to predict the future demand.
Q: in your own opinion,why benchmarking is a better planning tool?
A: Note: We are answering question no.1 as the question that needs to be answered is not mentioned.…
Q: Explain the term Forcasting
A: In getting ready designs for the future, the administration authority needs to make a few…
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- The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels. Management is trying to decide whether direct labor hours (DLH) or units produced is the better measure of activity for the firm. Monthly data for the preceding 24 months appear in the file P13_40.xlsx. Use regression analysis to determine which measure, DLH or Units (or both), should be used for the budget. How would the regression equation be used to obtain the budget for the firms overhead costs?Under what conditions might a firm use multiple forecasting methods?The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six months of observations for validation purposes, use the method of moving averages with a carefully chosen span to forecast U.S. retail sales in the next year. Comment on the performance of your model. What makes this time series more challenging to forecast?
- .............. help you to make better decisions, or to plan your business strategy, by challenging your assumptions about the future. Select one: O a. Single-point forecasting O b. Scenario analysis O c. Alternative futures forecasting O d. Range forecastingThe solution of coping with natural differences between marketing and production functions is to do what two things? Develop an equitable set of measurements and promote strong lines of communication Merge functional areas and improve forecasting Improve forecasting and maximizing productivity Appoint a single manager for both functions andproduce tosales forecasts Provide training on team techniques and coordinate reporting.40 ________ is a planning tool that relies on past data to predict the future demand: Select one: a. Forecasting b. Market analysis c. Supply planning d. Demand flow strategy
- When a new business is started, or a patent idea needs funding, venture capitalists or investment bankers will want to see a business plan that includes forecast information related to profit and loss statements. What type of forecasting information do you think would the investors be looking for? Why?Which type of industries would make the most use of short-range forecasts? Which would make the most use of medium-range forecasts? Which would make the most use of long-range forecasts? Why?Demand 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.
- Which of the following is important if forecasting is to have the desired positive effect on decisions? A. Communication between forecast staff and managment B. Ranges of forecast are reported to managment C. Forecast combination is examined D Forecast presentations should not be overly technical unless managment desires E All of the above Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.If a firm wants to forecast its gross margin by product for the next year, how does the firm do so? Select an answer: product revenue projection times projected gross margin for the product total revenue projection times projected gross margin for the average product product revenue projection divided by projected gross margin for the product total revenue projection divided by projected gross margin for the average product. Suppose that you are working as an analyst. Your task is to value company XYZ based on financial data available for this company. Discuss how you would go about doing this using themultiple growth rate Gordon growth model. Critically evaluate your approach by discussing any assumptions you make (about forecasts, discount rate etc.). What data is needed to value XYZ?
