The analysts at Swirlees, a brand of ice-cream, are asked to assess revenue generated over the past five years to observe seasonal and historical trends so that they can make a business estimate for the next year
After extensive analysis, they arrive at the conclusion that the sales were highest during the months of July and August, the summer months in the country, and an all-time low during January, the peak of winter. Which of the following tools would best help them in making an estimate for the upcoming year?A) goal-seeking analysis
B) forecasting
C) market basket analysis
D) what-if analysis
B
You might also like to view...
Which of the following is a likely result of informing potential applicants that a background check will be part of the hiring process in the actual job announcement?
a. The company will have to resort to an internal hiring process to fill the position. b. The hiring authority will be subject to unfair discrimination lawsuits. c. Candidates will be less forthcoming about potential issues during interviews. d. Fewer candidates with problems in their background or behavior will apply.
Accumulated Depreciation accounts are liability accounts
Indicate whether the statement is true or false
A bailment for the sole benefit of the bailee is an example of ordinary bailment
Indicate whether the statement is true or false
Which of the following is not one of the seventeen U.N. Sustainable Development Goals?
A. Ensuring free vaccinations for women B. Reducing poverty C. Ensuring environmental sustainability D. Eradicating discrimination against women