Applying time series methodologies simulation
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...Series Simulation Calculation of time series is a good way of understanding what the long and short business future would be (Harvey, 1999). With a sizeable market share of 6%, Blue Inc already has a competitive niche. A simple occurrence is that increase in advertising budget would increase in proportional measure in market dominance. An increase in advertising budget has always increased the levels of sales over time. Forecast in revenue generated or sales would be:
(2,164.18 + 2,454.41+2,264.85)/3 = 2,294.48 sales
This means that if the company is invest more in advertising budget, an approximated 2,294 million USD would be generated by the company. Its worth investing because... Applying Time Series...