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#8: Suppose that you have been asked to recommend a forecasting technique that would be appropriate to prepare a forecast, given the following situational characteristics:
#8: Suppose that you have been asked to recommend a forecasting technique that would be appropriate to prepare a forecast, given the following situational characteristics:
a. You have 10 years of quarterly data/
b. there is an upward trend to the data.
c. There is a significant increase in sales prior to Christmas each year.
d. A one-year forecast is needed.
e. You need to have the forecast done and presentation ready in just a few days.
f. What method(s) would you consider using and why?
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