Creating a forecast of house sales


Assignment:

1. A national home builder creating a forecast of house sales based on an select equation based on several predictor variables including unemployment, inflation, mortgage rates, and stock market performance is using which of the following?

2. A vendor using advance ticket sales to forecast demand for stadium concessions for a professional football game would most likely use which of the following?

3. A tax accountant who calculates the total demand for her services from the past four years and divides by four to forecast demand for the next year is using which of the following?

4. Forecasting demand for a new restaurant concept would most likely rely on which of the following?

5. Snow increases demand for snow shovels so a retail store manager select watching the weather to forecast demand for snow shovels is applying which of the following?

6. A movie theater using demand from the past 28 days to forecast demand for the next seven days is applying which of the following?

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Operation Management: Creating a forecast of house sales
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