Business Forecasting

Order Description

1. Describe the historical data on Expresso & Pastel de Nata Bars sales, including a discussion of the general direction of sales and any seasonal tendencies that might be occurring.
2. Choose, giving your justification, which time series forecasting technique is likely to be most appropriate for producing forecasts with this data set.

3. Use your chosen forecasting model to generate forecasts for each of the months in year 2016.

4. Discuss how these forecasts might be integrated into the planning operations and policy makings in EPNB.

Software
You can use either MiniTab, or any other statistical packages.
Word limit: 1500 words maximum (for main report, excluding all graphs, tables, appendices and references)

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