Answered step by step
Verified Expert Solution
Question
1 Approved Answer
. B D E F G H K Part 3 Berkay decided to apply Gompertz Model for better results to the given data. Help him
.
B D E F G H K Part 3 Berkay decided to apply Gompertz Model for better results to the given data. Help him analyze the market and create the sales model. In this part, use the Gompertz parameters a = 1, b = 0.1, k = 5. 15 1 Starting from the year 2015, report the total sales when the half sales started to decrease. 16 2. What is the difference in market penetration estimation between the Exponential trendline and the Gompertz Model for the second half of 2023? (Report a positive value.) 17 3 If the average price of one smart home product is 1500, report the first year when the expected annual revenue exceeds 1,547,000,000. 18 4 The company aims to reach a total of 20,100,000 sales at the end of 2023 by only changing the adoption rate. Report the new adoption rate. (This question is independent.) 19 A53 fa B C D E F G H K L 30 31 TABLE C: Gompertz Parameters b 32 k TABLE B: Market Details Population 83,000,000 Potential percentage of buyers 30% Market Size Gompertz Formula: S(t)= =ae oke bt 1.00 0.1 5.00 33 34 35 36 37 Years 38 2014 39 40 2015 41 42 2016 43 44 2017 TABLE A: Past Sales Half Years Past Sales H1 536,076 H2 539,009 H1 561,273 H2 552,135 H1 557,117 H2 554,789 H1 562,332 H2 551,927 H1 559,048 H2 586,703 H1 585,205 H2 589,170 H1 596,376 H2 580,370 H1 588,799 H2 590,086 45 46 2018 47 48 49 2019 50 2020 51 52 2021 53 54 55Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started