Imagine You Just Started a Landscaping Business in an Area

question 22

Essay

Imagine you just started a landscaping business in an area that gets very little rain each year.Your market research indicated that the homeowners would pay top dollar to beautify their lawns.Besides advertising in the newspaper or on the radio,name three ways you could promote the business.

Learn the application of various forecasting methods, including moving averages, causal methods, and time series analysis.

Understand the utility of tools such as Excel's Solver for minimizing forecast errors.

Grasp the concept of collaborative forecasting and its benefits in supply chain management.

Appreciate the challenges in forecasting for mature products and under variable demand or supply conditions.