4.3.1 (HL)—Sales forecasting Topic Practice
4.3.1 (HL)—Sales forecasting Topic Practice
Students practise defining forecasting techniques like four-part moving averages and evaluating their practical benefits and limitations for business planning.
How this is tested
- define ‘four-part moving average’ as the average of four adjacent terms progressing through a time series
- explain one advantage and one disadvantage using case data or trends