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    Forecasting

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    Once you have the revenue and cost data, you can determine the MR and the MC.
    How would you estimate the revenue and cost data? Use historical information?

    © BrainMass Inc. brainmass.com March 4, 2021, 6:27 pm ad1c9bdddf
    https://brainmass.com/economics/environment/forecasting-45343

    Solution Preview

    The various ways of estimating current revenue:
    1. Historical Sales figures
    2. Forecasting current Demand by regeression analysis, trend ...

    Solution Summary

    This explains the factors important for forecasting revenues and cost.

    $2.49

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