ASSIGNMENT No 2
During The Yearly Sales, Product AAA has more sales than the other products, This is because
the customers Deriver more satisfaction in using this product than the others so they don’t
Mind an increase in the price because there is a higher level of customer satisfaction and thus
High Demand, the price increases over time. Product also starts up with encouraging market
sales number but along the Way, it begins to Decline and Fluctuates after it get to it’s
Equilibrium in March, the number of Sales does not Maintain Constant Increase like the First
Product.
Product CCC on the Other Hand is likely a Seasonal Product as a Higher number of Sales are
Recorded towards the Ending of the Year Precisely winter while Product DDD which happens
to be the least sold product throughout the year also records its highest sales in the month of
September before going into Decline
Of All Products, only product A records the Highest sales, and Also Customer Satisfaction
because where there is a Higher number if Sale, Maximum Utility is said to have occurred.
Thus, The product that has random sales Fluctuation is Product CCC, This is considering
the amount of fluctuations in numbers of items Bought by the Customers during the year in
their Desired quantities at each point in time, As a result, we can recognise the difference in
the scaling laws for the number of Sales fluctuations in this products from the other Product
Because the Product CCC does not necessarily have no seasonality but has randomly
Fluctuating sales because the customers has other alternatives to it and so there is no stable
sales record values or constantly increasing sales and Demand like In product AAA.
ASSIGNMENT NO 5
Month
Total Sales
October
2935
November
3010
December
2850
January
?
M1 = Y1 = 2935
M2 = 0.2Y2 + 0.8M2
= 602 + 2348
= 2950
M3 = 0.2Y3 + 0.8M3
= 0.2(2850) + 0.8 (2950)
= 570 + 2360
= 2930
Month
Total Sales
Demand
Forecast
October
2935
2935
November
3010
2935
December
2850
2950
January
?
2930