Quantitative Analysis & Decision Making SU01

12502• As a marketing analyst, you are responsible for estimating the level of sales associated with different marketing mix allocation scenarios. You have historical sales data, as well as promotional response data, for each of the elements of the marketing mix.
o Describe the differences between the forecasting methods that can be used.
o Evaluate the forecasting methods in relation to the given scenario.
o Choose a forecasting method and justify your choice. If you make any assumptions, state them explicitly. Support your discussion with relevant examples, research, and rationale.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
Submission Detail:
• Your posting should be the equivalent of 1 to 2 single-spaced pages (500–1000 words) in length.