Question: im. stuck here please solve the problem 5-1. The management of Romano's Foods decides to test-market a new frozen pizza As the person in charge

im. stuck here please solve the problem 5-1. The management of

im. stuck here please solve the problem

5-1. The management of Romano's Foods decides to test-market a new frozen pizza As the person in charge of the market experiment, what considerations should at. fect your decisions with respect to a. The number and locations of cities in which the new pizza would be test marketed? b. The duration of the experiment? . c. Pricing of the product? 5-2. The trend line for sales of postcards (in millions) is estimated using annual data from 1968 to 1998. The result is S,= 10(1.05)'. a. What is the interpretation of the "10" and the term in parentheses? b. Forecast sales of postcards in 2000

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