# You will help Karen, the owner and operator of Vantage Restaurant, develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance

Scenario: You will help Karen, the owner and operator of Vantage Restaurant, develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance.

Steps:

Don't use plagiarized sources. Get Your Custom Essay on
You will help Karen, the owner and operator of Vantage Restaurant, develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance
Just from \$13/Page
1. Review chapter 17 in Modern Business Statistics.
2. Read Case Problem 1, Forecasting Food and Beverage Sales, on page 868. Copy and paste this link for a picture of the problem. https://www.chegg.com/homework-help/questions-and-answers/case-problem-1-forecasting-food-beverage-sales-vintage-restaurant-captiva-island-near-fort-q28811206
3. Perform an analysis of the sales data.
4. Prepare a report that summarizes your findings in five pages maximum, forecasts, and recommendations. Include the following:
• A time series plot. Comment on the underlying pattern in the time series.
• Analysis of the seasonality of the data. Indicate seasonal indexes for each month and comment on the high and the low seasonal sales months. Do the seasonal indexes make intuitive sense? Explain.
• Deseasonalize the time series. Does there appear to be any trend in the deseasonalized time series?
• Using the time series decomposition method, forecast sales for January through December of the fourth year.
• Using the dummy variable regression approach, forecast sales for January through December of the fourth year.
• Provide summary tables of your calculations and any graphs in the appendix of your report.

Pages (275 words)
Standard price: \$0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

## Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
\$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.
error: Content is protected !!

Order your essay today and save 20% with the discount code GOODESSAY