Forecasting case, Kwik Lube
Title: Forecasting case, Kwik Lube
Category: /Business & Economy/Management
Details: Words: 1344 | Pages: 5 (approximately 235 words/page)
Forecasting case, Kwik Lube
Category: /Business & Economy/Management
Details: Words: 1344 | Pages: 5 (approximately 235 words/page)
(Kwik Trend Analysis)
Measure<Tab/>Value<Tab/>Future Period<Tab/>Forecast
Error Measures<Tab/> <Tab/>9.<Tab/>1,362,143.
Bias (Mean Error)<Tab/>-0.0156<Tab/>10.<Tab/>1,455,952.
MAD (Mean Absolute Deviation)<Tab/>50,773.7969<Tab/>11.<…showed first 75 words of 1344 total…
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…showed last 75 words of 1344 total…case, 20000/ 166918.378 = 0.1198 * 100 = 12% approximately.
Answer 3. In this case, the case against T. A Williams for violating the franchise rule is stronger. So we recommend Dick to file a lawsuit against T .A Williams rather than Speedy lube.
Also they might need more historical data from other states, where the Kwik lube has been established, to come up with a decision and to make their case stronger.
GRAPH -1: YEARLY SALES TREND:
GRAPH- 2: SALES OF THE LOS ANGELES:
