Question: Dynasol is in a rapidly growing and highly competitive field of Solar Water Heating. It needs a forecast for based on their sales history and
Dynasol is in a rapidly growing and highly competitive field of Solar Water Heating.
It needs a forecast for based on their sales history and on the total solar heating market sales history
The forecast is needed as Dynasol is at manufacturing capacity and needs information to determine how much to expand.
The assignment is to develop a 6 month forecast for their sales and for the total market sales.
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Total Market DynaSol Month Sales in Units Sales in units 2014 September 24 223 October 28 228 November 31 230 December 32 231 2015 January 30 229 February March 35 235 240 39 April 40 265 May 43 281 June 47 298 July 51 314 August 54 354 September 59 389 October 62 421 November 67 466 December 69 501 2016 January 74 529 February 79 573
Step by Step Solution
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A A modified trend analysis 1 Determine the average monthly difference in Dynasols sales in units Year Average 2014 Year 2015 4966667 2016 2 Add that ... View full answer
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