Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Eau du Chien, a manufacturer of Men's cologne, is attempting to forecast future demand in their product market. Their first approach is to use projected
Eau du Chien, a manufacturer of Men's cologne, is attempting to forecast future demand in their product market. Their first approach is to use projected sales to create a forecasted sales volume number. If Eau du Chien had a sales volume of 8000 units in period 1, and the projected sales for that period was only 7,000 how can Eau de Chien improve marketing decisions? Question 24 options: Add 1,000 to projected sales figures in the future Eliminate operational costs related to PAT wages to ensure a lower cost. Create a line graph that compares the simulation's projected sales figures with actual ones to better forecast future sale volume figures Decrease pricing to sell more Increase advertising to meet the extra 1000 unit demand
Step 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