Why is volume so important in forecasting?
Question:
Why is volume so important in forecasting?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Volume is the key to forecasting because it identifies the level of business activity in a hotel T...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting and Financial Analysis in the Hospitality Industry
ISBN: 978-0132458665
1st edition
Authors: Johnathan Hales
Question Posted:
Students also viewed these Business questions
-
What is forecasting? Why is it so important in the management of business firms and other enterprises? What are the different types of forecasting?
-
What is collaborative forecasting, and why is it so important in demand management?
-
Why is analysis of research and development expenses important in assessing and forecasting earnings? What are some concerns in analyzing research and development expenses?
-
A limited partnership: Multiple Choice has an unlimited life. can opt to be taxed as a corporation. terminates at the death of any one limited partner. has at least one partner who has unlimited...
-
Kraft Bakeries introduced in 2016 a new line of frozen apple pie. For 2016, sales by quarter were as follows: 11,000 units; 16,000 units; 15,000 units; and 20,000 units. Because of aggressive...
-
Condensed balance sheet and income statement data for Lauer Corporation appear below. Additional information: 1. The market price of Lauer?s common shares was $4.00, $5.00, and $8.00 for 2019, 2020,...
-
how researchers used reference groups and then dichotomies to study gender differences in housework
-
Details about a companys liabilities appear in a number of places in the annual report. Use Amazon.coms financial statements, including Note 1, to answer the following questions. Amazons financial...
-
Where do you do to do these transactions?
-
Calculate the ratio of mole fractions of N2 to 02 dissolved in water at 25C from air to the nearest integer. Given :K = 3.25x10 atm K =6.5x10' atm (K Henry's law constant) Answer: 1 02 3 4 05 06 07...
-
Name two ways that weekly forecasts are different from monthly or quarterly forecasts.
-
Define fixed and variable wage expenses and give two examples of wage positions in each category.
-
Which of the framing factors is the most obvious distinguishing characteristic of a case? Why?
-
I Need Hr project on Employee Engagement What is Employee Engagement and how does it contribute to organizational success? What is the role of HR in improving employee engagement? What are some...
-
In the United States, the Veterans Administration (VA) is tasked with, among other things, providing quality health care for U.S. military veterans. Chronically underfunded, the agency was having...
-
Using the keywords you brainstormed earlier in the module, conduct three separate searches in CQ Researcher - SAGE, Academic Search Ultimate, or another relevant database. When conducting these...
-
TechEx Repair allows local hardware stores to expand their service offerings to their customers by providing an off-site small engine repair service. Customers bring in small engines such as lawn...
-
Purpose: Sometimes we are asked to collaborate with a team of writers. This collaboration can help us to understand how others think differently from us and help us to think more creatively. This...
-
For the following test marketing project at week 6: a. Ignore the far right % Complete column and using the 5050 percent completion rule for PV and EV, calculate the cost, schedule, and time...
-
Refer to the information from Exercise 22-19. Use the information to determine the (1) Weighted average contribution margin , (2) Break-even point in units, and (3) Number of units of each product...
-
Review the list of factors that affect PD service levels in Exhibit 11-3. Indicate which ones are most likely to be improved by EDI links between a supplier and its customers.
-
Explain the total cost approach and why it may cause conflicts in some firms. Give examples of how conflicts might occur between different departments.
-
Discuss why economies of scale in transportation might encourage a producer to include a regional merchant wholesaler in the channel of distribution for its consumer product.
-
An 8%, 30-year semi-annual corporate bond was recently being priced to yield 10%. The Macaulay duration for this bond is 10.2 years. What is the bonds modified duration? How much will the price of...
-
Question 7 of 7 0/14 W PIERDERY Current Attempt in Progress Your answer is incorrect Buffalo Corporation adopted the dollar value LIFO retail inventory method on January 1, 2019. At that time the...
-
Cost of debt with fees . Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 9.9% with semiannual payments, and will use an investment...
Study smarter with the SolutionInn App