Sales Forecasting: Choose a retail company or a specific product, and develop a sales forecasting model....
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Sales Forecasting: Choose a retail company or a specific product, and develop a sales forecasting model. Utilize historical sales data, market trends, promotional activities, and other relevant factors to predict future sales. Evaluate the accuracy of your model by comparing predicted demand with actual demand. Note: Prepare 2-3 pages report and submit via black board. Evaluation Criteria: Criteria Weight Excellent Good Fair Poor Objective Definition 10% 3 2.5 2 1 Data Analysis 30% 9 7.5 6 3 Accuracy of Forecasts 30% 9 7.5 6 3 Interpretation 15% 4.5 3.75 3 1.5 Recommendations 10% 3 2.5 2 1 Presentation 5% 1.5 1.25 1 0.5 Sales Forecasting: Choose a retail company or a specific product, and develop a sales forecasting model. Utilize historical sales data, market trends, promotional activities, and other relevant factors to predict future sales. Evaluate the accuracy of your model by comparing predicted demand with actual demand. Note: Prepare 2-3 pages report and submit via black board. Evaluation Criteria: Criteria Weight Excellent Good Fair Poor Objective Definition 10% 3 2.5 2 1 Data Analysis 30% 9 7.5 6 3 Accuracy of Forecasts 30% 9 7.5 6 3 Interpretation 15% 4.5 3.75 3 1.5 Recommendations 10% 3 2.5 2 1 Presentation 5% 1.5 1.25 1 0.5
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Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
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