Find Jobs
Hire Freelancers

Need a stats and maths expert

₹100-400 INR / hour

Completed
Posted almost 7 years ago

₹100-400 INR / hour

A start-up alternative fuel automobile company has a first year market forecast of 1000 units. Identify the forecasting model that is in use here and explain why it is the obvious choice. During its first three full years of operation the automobile company had actual sales of: Year One: 800 units Year Two: 1200 units Year Three: 2000 units Using a simple three year moving average, calculate the predicted demand for Year Four. Explain your reasoning. The sales department expects the growth in Year Four to more closely resemble the average growth experienced in the last two years. Predict the number of units expected in Year Four. Discuss whether you would recommend this quantity as the manufacturing plan or the quantity found using the simple three year moving average in step two and why. In Year Three, one fourth of the production was sold in China. The marketing department has just learned of a new tax that will be imposed on all luxury imports into China beginning in Year Four. It is expected that this will decrease sales to China by 50%. Apply this market intelligence to the simple three year moving average method discussed in step two and recalculate the predicted demand for Year Four. Explain how you arrived at your answer. The Alternative Fuel Comp
Project ID: 14401386

About the project

1 proposal
Remote project
Active 7 yrs ago

Looking to make some money?

Benefits of bidding on Freelancer

Set your budget and timeframe
Get paid for your work
Outline your proposal
It's free to sign up and bid on jobs
Awarded to:
User Avatar
₹277 INR in 20 days
5.0 (1 review)
0.0
0.0

About the client

Flag of INDIA
Calcutta, India
4.6
121
Payment method verified
Member since Jan 29, 2011

Client Verification

Thanks! We’ve emailed you a link to claim your free credit.
Something went wrong while sending your email. Please try again.
Registered Users Total Jobs Posted
Freelancer ® is a registered Trademark of Freelancer Technology Pty Limited (ACN 142 189 759)
Copyright © 2024 Freelancer Technology Pty Limited (ACN 142 189 759)
Loading preview
Permission granted for Geolocation.
Your login session has expired and you have been logged out. Please log in again.