Question: research and select a relatively new company for which he or she will use as a benchmark. After researching your selected company, come up with

research and select a relatively new company for which he or she will use as a benchmark. After researching your selected company, come up with a recommendation, for them, on which type of forecasting method they should use and why. Based on the recommendation, you must create a spreadsheet with a 12-month forecast highlighting the key factors used in its development. Your spreadsheet may also contain assumptions that support your argument.

Please answer the following questions.

  • Research and select a relatively new company.
  • Explain the various methods of forecasting to develop an aggregate forecast.
  • Explain which type of forecasting method the company should use and why.
  • Make a spreadsheet with a 12-month forecast highlighting the key factors used in its development.
  • Explain why you chose the method that you did.
  • Provide some assumptions that support your argument.

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