1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
3 years ago
11

________ is based on research that estimates how much of a product will sell over a given period of time.

Business
1 answer:
konstantin123 [22]3 years ago
6 0

Answer:

sales forecasting

Explanation:

Sales forecasting is a mathematical tool or process to estimate the amount of sales for a product over a given period of time.

Sales forecasts helps companies to make better business decisions so as to analyse the short-term and long-term performance.

The basis for the forecast are generally the past sales data of the product, industry-wide comparisons, and the economic trends for the related products.

You might be interested in
select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new
mote1985 [20]

The problems with price gouging laws that keep prices low are:

  1. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
  2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.

Here are the options to this questions:

  1. Price gouging laws reduce shortages after a disaster by keeping prices low.
  2. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
  3. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.
  4. When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price gouging laws short circuit this effect.
  5. Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods
  6. Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would

Price gouging is when the price of a good or a service is increased to very high levels when the demand for the product is higher than the supply of the product. Price gouging usually occurs after an event. For example, after a natural disaster.

In order to prevent price gouging, the government can set a price ceiling. A price ceiling is when the maximum price for a good or service is set by the government. When prices are prevented from rising above a particular price, this benefits consumers as they would be able to purchase goods at a cheaper price. But producers would be disadvantaged because their profit margins would fall. This can lead to a shortage problem as demand would exceed supply.

To learn more about price gouging, please check: brainly.com/question/10477659?referrer=searchResults

3 0
3 years ago
A disadvantage of a sole proprietorship is?
ivann1987 [24]
I think the answer is B, but I am not sure.
4 0
3 years ago
"The economy is doing well when the level of real GDP<br> is at Potential GDP"<br> True<br> O False
Damm [24]
The answer is Trueeeee
8 0
2 years ago
1 Carlos owns a private limited company called BettaBakers Limited. It produces
deff fn [24]

Answer:

Explanation:

A) Lean production basically focuses on using all of the waste that a company produces in all of its processes so that no actual resources are left unused.

B) In this scenario, this can be achieved by using all of the excess baking mixtures and combining them into extra products as well as recycling used containers.

C) Carlos could either lower costs by using cheaper materials or hire more employees.

D) Batch production allows Carlos to produce large quantities of his products at a much faster and therefore more efficient pace. This also increases profits as they have more supply to match the demand.

E) This depends on whether or not Carlos has sufficient demand for his products. Otherwise, he would waste large amounts of money on implementing a flow production method and then not have enough demand to sell all of his products, which will therefore cost him even more money in losses.

8 0
3 years ago
Blue corporation's standards call for 2,500 direct labor-hours to produce 1,000 units of product. during may 900 units were prod
Vladimir [108]
Given:
standard hours: 2,500 dl for 1,000 units
actual hours: 2,400 dl for 900 units

Standard direct labor-hours per unit = 2,500 direct labor-hours ÷ 1,000 units= 2.5 direct labor-hours per unit

Standard hours allowed = 2.5 direct labor hours per unit × 900 units<span>= 2,250 hours

The standard hours allowed for may production would be 2,250 hours.</span>
6 0
3 years ago
Other questions:
  • What are six types of records your company is likely to need?
    7·1 answer
  • Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of marr
    14·1 answer
  • Observations of violations of consumer optimum predicted by consumer choice theory could provide support for   I. utility analys
    7·1 answer
  • An economy is operating with output $400 billion below its natural level, and fiscal policymakers want to close this recessionar
    7·1 answer
  • Diamond’s Corporation has an investment in 5,000 shares of Sigmond Company common stock with a cost of $218,000. These shares ar
    7·1 answer
  • In an auction, potential buyers compete for a good by submitting bids. Adam Galinsky, a social psychologist at Northwestern Univ
    5·1 answer
  • As the marketing vice president of her firm, Jana is considering implementing a companywide pricing policy that all products mus
    14·1 answer
  • If you were a politician, why would you find it difficult to remove a binding price ceiling? because it greatly benefits firms,
    15·1 answer
  • An agent's client calls on Monday to discuss the current market situation. They discuss how 100 shares of KAPCO common stock wou
    9·1 answer
  • A company's ____________ is the percentage of the total target market for the product that belongs to the company.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!