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Essay

Forecasting Methods in Big-box Retailing

Essay specific features

 

Issue:

Business

 

Written by:

Delmer E

 

Date added:

July 9, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1254

 

Was viewed:

7941 times

 

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Essay content:

Chase, et al used an example of a firm that produces toasters who wants to carry a coffee maker. They could reasonably use the toaster history as a possible growth model. While the two appliances have very different purposes, their similarity in other aspects is alike enough to make this method viable...
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For instance, they are both small countertop appliances. Their price points are relatively similar. A specific demographic with a demand for a toaster may have a similar demand for a coffee maker. Seasonal forecasting is simply a time series method of forecasting that capitalizes on a seasonal component of demand...
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General issues of this essay:
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