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Conducting a demand analysis and forecast for pizza, you will be able to make a decision whether the pizza company should establish a presence in

Conducting a demand analysis and forecast for pizza, you will be able to make a decision whether the pizza company should establish a presence in your community. discuss possible missing variables and do not suggest how the estimate might be used by management, such as noting elasticity’s, include actual value of f or t and the critical values for accept or reject and there is no time dimension.


The Pizza Company
Market Demand (Q) Price (P) Competitor Price (P x) Advertising (Ad) Income (I)
1 596,611 7.62 6.54 200,259 54,880
2 596,453 7.29 5.01 204,559 51,755
3 599,201 6.66 5.96 206,647 52,955
4 572,258 8.01 5.30 207,025 54,391
5 558,142 7.53 6.16 207,422 48,491
6 627,973 6.51 7.56 216,224 51,219
7 593,024 6.20 7.15 217,954 48,685
8 565,004 7.28 6.97 220,139 47,219
9 596,254 5.95 5.52 220,215 49,775
10 652,880 6.42 6.27 220,728 54,932
11 596,784 5.94 5.66 226,603 48,092
12 657,468 6.47 7.68 228,620 54,929
13 519,866 6.99 5.10 230,241 46,057
14 612,941 7.72 5.38 232,777 55,239
15 621,707 6.46 6.20 237,300 53,976
16 597,215 7.31 7.43 238,765 49,576
17 617,427 7.36 5.28 241,957 55,454
18 572,320 6.19 6.12 251,317 48,480
19 602,400 7.95 6.38 254,393 53,249
20 575,004 6.34 5.67 255,699 49,696
21 667,581 5.54 7.08 262,270 52,600
22 569,880 7.89 5.10 275,588 50,472
23 644,684 6.76 7.22 277,667 53,409
24 605,468 6.39 5.21 277,816 52,660
25 599,213 6.42 6.00 279,031 50,464
26 610,735 6.82 6.97 279,934 49,525
27 603,830 7.10 5.30 287,921 49,489
28 617,803 7.77 6.96 289,358 49,375
29 529,009 8.07 5.76 294,787 48,254
30 573,211 6.91 5.96 296,246 46,017

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