Some best practices for making sales forecasts are to use as many different calculation methods as possible,and:
A) calculate the forecasts as quickly as possible
B) run them through at least three different regression analysis calculations
C) come up with one central model and prepare for that
D) limit the information you use so you don't confuse the trends
E) use as much information from segments of your market as possible
Correct Answer:
Verified
Q26: A sales force composite forecast may be
Q27: A moving average is similar to trend
Q28: One negative effect of using sales forecasts
Q29: Measures that predict how much customers and
Q30: In cases in which rapid change occurs
Q32: A variable that predicts what will happen
Q33: Companies that understand the process of sales
Q34: The relationship between a sales forecast and
Q35: Executive and expert opinions are:
A)inherently useless
B)based on
Q36: While market tests can give companies valuable
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