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During the live session, the instructor demonstrated the use of historical data to (1) establish cost behavior and (2) draw inferences from the past experience
During the live session, the instructor demonstrated the use of historical data to (1) establish cost behavior and (2) draw inferences from the past experience of losing a client to establish how costs will respond to the dropping of another client (if decided to do so). Please address the following question regarding those analyses: What are the strengths of the analysis presented? Please identify at least one strength, and explain why you believe it is a strength. For example, suppose that you believe the analysis would be useful to the CEO. Why do you believe it would be useful to the CEO? What are the limitations of the analysis presented? Please identify at least one limitation, and explain why you believe it is a limitation. For example, suppose that you believe the analysis is not reliable. Why do you believe it is not reliable
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