R value = -0.66
R2 = 0.4356.
This means that 43.56% of the variability in the sales can be explained by the variability in the explanatory variable. This number is on the lower side and doesnt really help to forecast well.
1. The following three techniques can be used for forecasting
2.
R2 = 0.4356.
This means that 43.56% of the variability in the sales can be explained by the variability in the explanatory variable. This number is on the lower side and doesnt really help to forecast sales well.
Therefore, no the model is not good to forecast the sales.
3. We can increase the number of observations used in the model or we can increase the number of explanatory variables used in the model. In this way , we can better explain the variability in the sales & thus improve the R2. This will in turn help us to improve the forecasting accuracy of sales.
ries of sales data that provides with an R-value of (-0.66.) You manager wants you to 9) You have a se make a sales forecast for the next 6 months. Answer the following; this question is worth 9 p...
Examples 1,2,3
1. Beyond Tea Inc. wants to forecast sales of its menthol green
tea. The company is considering either using a simple mean or a
three-period moving average to forecast monthly sales. Given sales
data for the past 10 months use both forecasting methods to
forecast periods 7 to 10 and then evaluate each. Which method
should they use? Use the selected method to make a forecast for
month 11. (Show all calculations .... Please read Examples1, 2, 3...
Case 11-3: Carmichael Corporation
Discussion Questions:
What impact will Brisson’s decision to manufacture MS-7 have on
the cost structure of Stimgro for Carmichael?
Should Amanda Tellford do anything at this stage?
What alternatives are open to Amanda Tellford?
What are the advantages and disadvantages of each
alternative?
What is the cost structure for Stimgro and the margin?
Since Stimgro is very profitable, with a good margin, why does
it matter if the cost of MS-7 increases?
Main Question:
As Amanda...
Read the Article posted below, then answer the following
questions:
Mergers & acquisitions are a major form of
corporate diversification strategy, identify and discuss the top
three reasons why most (50-60%) of acquisitions fail to create
shareholder value.
What are the five major components of “CEMEX
Way” and why has this approach been so successful in
post-acquisition integration?
In your opinion, what can other companies learn from
the “CEMEX Way” as a benchmark for acquisition
management?
Article:
CEMEX: Globalization "The...
First, read the article on "The Delphi Method for Graduate Research." ------ Article is posted below Include each of the following in your answer (if applicable – explain in a paragraph) Research problem: what do you want to solve using Delphi? Sample: who will participate and why? (answer in 5 -10 sentences) Round one questionnaire: include 5 hypothetical questions you would like to ask Discuss: what are possible outcomes of the findings from your study? Hint: this is the conclusion....