Food retailing business data

chart contains both the sample data (January 2010 December 2019)- Series 1 and the forecasts (January 2020 December 2020) Series 2

Questioned to be answered in context to Business forecasting

27. Compare and contrast the two models and critically analyse your results and put forward a

    recommendation for your choice of model.

28. In light of recent events, critically evaluate your choice of model, and critically evaluate the factors

    you would need to consider when forecasting in light of recent events.

29. In the context of business forecasting, critically think and discuss any other considerations that need to be taken into account for your forecasts / forecasting to be useful for business purposes.

7000.0 7500.0 8000.0 8500.0 9000.0 9500.0 10000.0 10500.0 11000.0 11500.0 12000.0 29 33 37 41 45 49 53 -Series 1 57 61 65 69 -Series 2 Critical Analysis - Exercise 1 73 77 81 85 68 93 97 101 105 109 113 117 121 125 129 Critical Analysis -Exercise 2 14000.0 13000.0 12000.0 11000.0 10000.0 9000.0 when her heart beantworten har en tenden 8000.0 7000.0 6000.0 21 29 33 41 OORN 81 85 89 93 97 101 105 109 113 117 121 125 129 -Series 1 Series 2 000 7000.0 7500.0 8000.0 8500.0 9000.0 9500.0 10000.0 10500.0 11000.0 11500.0 12000.0 29 33 37 41 45 49 53 -Series 1 57 61 65 69 -Series 2 Critical Analysis - Exercise 1 73 77 81 85 68 93 97 101 105 109 113 117 121 125 129 Critical Analysis -Exercise 2 14000.0 13000.0 12000.0 11000.0 10000.0 9000.0 when her heart beantworten har en tenden 8000.0 7000.0 6000.0 21 29 33 41 OORN 81 85 89 93 97 101 105 109 113 117 121 125 129 -Series 1 Series 2 000