Question: Section C: Analytical Based Questions Q7. The sales forecasting is critical for most activities of the firm. Justify your answer with diagrammatical representation and example.

Section C: Analytical Based Questions

Q7. The sales forecasting is critical for most activities of the firm. Justify your answer with diagrammatical representation and example.

Q8. JR Hamburgers has a chain of 10 stores in Metro Manila. Sales figures and profiles for the stores are giving in the following table. Obtain a regression for the data and predict profit for a store assuming sales of 30 million.

Sales x Million profit Y Million
15 6
17 8
21 11
18 10
19 12
22 14
16 9
17 10
25 16
20 12

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Section C: Analytical Based Questions Q7. The sales forecasting is critical for most activities of the firm. Justify your answer with diagrammatical representation and example. (250 words)

Analytical Based Questions Q7. The sales forecasting is critical for most activities of the firm. Justify your answer with diagrammatical representation and example. (5 Marks) Q8. JR Hamburgers has a...

Section B: Read the scenario below and answer the questions A Kabul-based firms which is dealing in retail sectors uses Facebook and other Social Networking Sites (SNSs) for their services and...

Q1. The sales forecasting is critical for most activities of the firm. Justify your answer with diagrammatical representation and example. Q2. JR Hamburgers has a chain of 10 stores in Metro Manila....

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

University of Derby Derby Business School In-course Assignment Specification Module Code and Title: 7LO510 Supply Chain Analysis and System Modelling Assignment No. and Title: Coursework Assessment...

I wanted to ask a question regarding questions 12 and 13, under section 16.4 of the file I uploaded. In question 12, we had to calculate the value of the firm without leverage. In question 13 we had...

Explain the benefits of using a single supplier as opposed to multiple suppliers.

A split-ring clamp-type shaft collar is shown in the figure. The collar is 2 in OD by 1 in ID by ½ in wide. The screw is designated as ¼ -28 UNF. The relation between the screw...

Use a formula to find the monthly payment on a home mortgage of $ 55,300 at 4.884% interest for 15 years. Question content area bottom Part 1 A. $2 comma 252.42 B. $151.93 C. $208.90 D. $433.97

QUESTION 1 A mid - sized software development company, SoftDev Inc., embarked on a project to develop a new customer relationship management ( CRM ) system for a major client. The project aimed to...

1 To what extent do you think the success of TQM is reliant on having a supportive culture? Bosch, a supplier of car components and electronic products to many of Europes leading car manufacturers,...

Compare the examples of the British Museum and Travelodge: 1 What was the impetus for change? 2 What processes of change were implemented? 3 To what extent did the examples relate to the theories of...

3 What would you consider doing differently from the way that the management teams approached the change process? Nomura, Japans largest investment bank, acquired Lehmans Asian, European and Middle...