The Analysts at Swirlees, a Brand of Ice-Cream, Are Asked

question 63

Multiple Choice

The analysts at Swirlees, a brand of ice-cream, are asked to assess revenue generated over the past five years to observe seasonal and historical trends so that they can make a business estimate for the next year. After extensive analysis, they arrive at the conclusion that the sales were highest during the months of July and August, the summer months in the country, and an all-time low during January, the peak of winter. Which of the following tools would best help them in making an estimate for the upcoming year?

• A)goal-seeking analysis
• B)forecasting
• C)market basket analysis
• D)what-if analysis

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Definitions:

Intravenous Medication

Medication administered directly into the veins, allowing for rapid absorption and effect.

Nitroglycerin

A medication used to prevent and treat chest pain (angina) by relaxing and widening blood vessels to improve blood flow to the heart.

Sublingual

Pertaining to or applied under the tongue, a method often used for the administration of certain medications for rapid absorption.

Chest Pain

A common symptom that can result from a variety of causes ranging from non-serious to life-threatening conditions.