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Essay

Managerial Decision Making

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Michael C

 

Date added:

July 25, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2532

 

Was viewed:

3451 times

 

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Essay content:

In order to align with the "turn and earn" approach soon to be implemented by auto manufacturers, BAC needs to reassess their current sales forecasting methods. They need to consider appropriate variables (e.g.: household income, interest rates, sticker prices, seasonal promotions, and gas mileage), collect sales figures from dealerships, and align data against other variables in order to build this model...
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BAC already has a very good understanding of forecasting, to the point where theirs is almost a direct opposite problem than that of USA World Bank. USA World Bank did not know enough about statistically driven decisions whereas BAC knows enough to have brought in consultants who have presented three potentially good forecasting models in which to choose...
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General issues of this essay:
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