📝 Simulation Forecasting Assignment

  • Due Sep 15, 2019 at 11:59pm
  • Points 25
  • Questions 5
  • Available until Dec 15, 2019 at 11:59pm
  • Time Limit 30 Minutes
  • Allowed Attempts 2

Instructions

Trying to forecast sales so that you can purchase the right amount of product can be one of the more difficult tasks in running your business. While you can use break-even analysis to calculate the minimum quantity of tops and pants to purchase, you will also want to figure out the number of units you need to purchase to meet your sales forecast. The simplest approach to forecasting is to take last quarter's sales and adjust it for growth and seasonality.


Complete the following forecasting questions based on the simulation. You have two attempts with a 30-minute time limit each. You can complete this before or after your Simulation Decisions. It is based on general information, not your Simulation data specifically. 

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