I need someone to help me forecast Shakey's Pizza
Photo below is an example of how they did the forecast - to Apple. Put it here because maybe it can help you do the forecasting: tools
CHAPTER 3 Forecasting a. 1' vols l. J udgmental approach The signicance of this system to Apple is to address the estimating subject by accepting that buyers are mindful of its quality of the company's items and may encourage others to get the identical items. Whereas, utilizing this approach the corporate assembles the data and conclusions of the individuals. In conceive to estimate the request for its items through judgmental approach. 2. Bottom-up approach - The corporate carries out studies as an approach where everyone contributes his or her conclusions that produce up their last estimate. This procedure empowered the corporate to present advancement in cell phones, transportable music players and personal computers that have expanded the demand. 3. Consensus methods Apple Company uses this method as a tool to forecast demand wherein only a few people are involved to make the forecasts specically the top managers of the company. They conduct their forecasting by having debates and discussions with one another. 4. Tentative approaches ~ This forecasting tool involves the use of customer surveys and consumer panels. Customer surveys are either done through apps on iPhones and inside Apple stores wherein customers answer questions related to their interests in what type of product they prefer or their insights about the iPhone products. Consumer panels are done by having small groups of potential customers attend a gathering wherein they get to experience using the iPhone products available wherein Apple uses the data of their experience to analyze what features of these iPhones they like the most. These tentative approaches as a forecasting tool help Apple understand what the customers like to see in the products they sell. 5. Test marketing technique This forecasting tool is used by Apple to mainly forecast the demand of their new products such as when new versions of an iPhone are introduced. It helps in testing if the new product will successfully sell in the market as well as in nding problems that could surface with the release of the product