Purchase Solution

forecasting

Not what you're looking for?

Ask Custom Question

Forecasting is a valuable tool for organizational leaders. Several specific methods of forecasting were presented in this unit of instruction. What is your favorite or preferred method of forecasting? Substantiate your choice.

Purchase this Solution
Solution Summary

This solution gives you strong points concerning forecasting.

Solution Preview

Forecasting is a valuable tool for organizational leaders. Several specific methods of forecasting were presented in this unit of instruction. What is your favorite or preferred method of forecasting? Substantiate your choice.

My favorite forecasting method is extrapolation. This ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

View More Free Quizzes
Related BrainMass Solutions

  • Appropriate Forecasting Technique for Aldi Foods

    (forecasting, n.d).

  • Planning tools for forecasting

    Forecasting Planning Tools 1. Quantitative Forecasting - This type of forecasting is a common method used in organizations. Quantitative predictions are generated by using past or historical data to forecast the future.

  • Developing a Financial Forecast for the Division

    Forecasting is an essential part of budgeting. Forecasting can be made by a firm for purpose other than budgeting whereas Budgeting makes by firm for purpose of forecasting (Kinney & Raiborn, 2008).

  • discussion on methodology of forecasting

    389756 Discussion on Methodology of Forecasting Provide an introduction and background discussion on methodology of forecasting. Give an example on forecasting. Forecasting is the practice of estimating future events.

  • Forecasting tools

    223236 Forecasting tools What criteria should an organization use in deciding what type of forecasting tools they should use? Criteria Used to Select Forecasting Tools Forecasting Tool is used to estimate the unknown events and situations.

  • Understanding Forecasting models as they apply to products

    houses can be forecasted by using linear regression model of forecasting-a quantitative method of demand forecasting.

  • Types of demand forecasting

    This discusses the types of demand forecasting

  • Forecasting Methods used by Modern Corporations

    One of the newer forecasting techniques is called "scenario forecasting" (Dictionary of American History, 2003).

  • The Challenges of Forecasting

    Consequences of under/over forecasting: • Under forecasting can result to opportunity cost of not being able to sell the product because no inventory exists • Under forecasting will result to lost commission for potential sales • Over forecasting

  • RevPAR and Forecasting

    409845 RevPAR and Forecasting Why is forecasting so important? How are RevPAR used for forecasting? Why is forecasting so important? How are RevPAR used for forecasting? Forecasting is important because it is less time consuming.

View More Related Solutions