the following A. Calculated variable (s): B. Linear equation (s): C. Non-linear
ID: 3810797 • Letter: T
Question
the following A. Calculated variable (s): B. Linear equation (s): C. Non-linear equation (s): D. Input factor (s) and intermediate factor (s): The GYS Fitness Center is providing tremendous efforts in offering the best schedules for their customers in addition to their powerful and updated equipments. To attract customers around the country, the center provide a great job in marking and Advertizing. Attracting customers depends on the good schedules available and offers and promotion provided. In addition, the marketing budget set by the top management, the occasions' and marketing media are considers as very important factors in attracting new customer. A. Which type of forcastting data was presented in the case? B. Which forecasting techniques can be used for the forecasting? C. What are the independent variables and dependent variables? D. Which formula will represent the forecasting model?Explanation / Answer
Solution:
A.Forecasting data presented in the case: Qualitative forecasting
B.Various Forecasting Methods Used:
a.Quantitative forecasting:
b.Cross-sectional forecasting:
c.Time series forecasting:
d.Predict forecasting
C.
Independent variables:
Dependent variables:
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