Reference no: EM133199781
Assignment: Business Forecasting Project
Overview
I. In this project, you are writing to a company Strategic Planning VP and other company executives about revenue forecast.
II. Refer to the Revenue data file under Project folder on D2L. This data file provides quarterly revenue for representative companies in the US. You are assigned one company and you can find this information in the grade on D2L. You only need the date and revenue variables.
III. Use Minitab to conduct the analysis and report your finding in the project. Make sure you:
1. Write about what you are showing and why.
2. Remember, Minitab results just support your findings.
3. Lead the reader through your work with written narrative.
4. Remember, you are selling the great work you have done with this report to the executive reader. Guide them carefully through your work. It should logically flow from objective to final revenue forecast and plans.
IV. Grammars, format, and typos matter. Too many grammar mistakes and typos and inconsistent formatting will affect your grade.
V. Your wording should be narrative. It is not a combination questions and answers. The steps and questions in the guideline are for you to know what to do and discuss. However, they should be not be included in your paper, or be used to list your answers.
VI. At every stage you need to answer the following questions:
1. What did you do (ex: Winters' method with these parameter values)
2. Why did you do it?
3. What did you find? (Interpretation of your results)
4. What is your conclusion?
VII. Models that will be used in the project
1. Moving Average and Smoothing Methods.
2. Decomposition.
3. Regression.
4. ARIMA.
Attachment:- Business Forecasting Project.rar