# Applying Time Series Methodologies Simulation

Not what you're looking for?

Applying Time Series Methodologies Simulation

Complete the simulation Applying Time Series Methodologies located on . During the third cycle of the simulation, you will need to make a decision regarding sales forecasts for Blues Inc. After completing the simulation, prepare a 350-word memo to Myra Reid, the Vice President, Production, at Blue Inc. In your memo, inform Myra of your forecasts and explain the reasons for your decision. Be sure to take into account the results of the previous two cycles of the simulation in your explanation to Myra. APA style

##### Purchase this Solution

##### Solution Summary

The solution applies time series methodologies simulations.

##### Solution Preview

To: Ms Myra Reid, Vice President, Production

From: [Click here and type name]

Date: 08/04/2015

Re: Sales and Production Forecast for Quarters

Based on the time series methodologies and analysis of the past data, my forecast for the unit production in next four quarters should be 12.00, 14.00, 13.00 and 20.00 million respectively. This is arrived at taking into consideration the past quarterly data of six years and using centred moving averaging model. I have done three phase research to arrive at these values.

In the first phase, it was researched and decided what variable explains the advertising budget. There were ...

###### Education

- B.Com, University of Ajmer
- M.Com, University of Ajmer

###### Recent Feedback

- "Great work!!!! Thank you"
- "Excellent!"
- "Really help!!!thank you."
- "Thanks for answering my question!!"
- "thank you. great guidance."

##### Purchase this Solution

##### Free BrainMass Quizzes

##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

##### Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.