Multiple Choice
The analysts at Swirlees, a brand of ice-cream, are asked to assess revenue generated over the past five years to observe seasonal and historical trends so that they can make a business estimate for the next year. After extensive analysis, they arrive at the conclusion that the sales were highest during the months of July and August, the summer months in the country, and an all-time low during January, the peak of winter. Which of the following tools would best help them in making an estimate for the upcoming year?
A) goal-seeking analysis
B) forecasting
C) market basket analysis
D) what-if analysis
Correct Answer:

Verified
Correct Answer:
Verified
Q58: Companies use intelligent agents to extract useful
Q59: Discuss how dashboards, portals, and mashups support
Q60: Which of the following is a reason
Q61: Which among the following software tools is
Q62: Discuss how expert systems function and the
Q64: A _ is a graphical user interface
Q65: Which of the following is a drawback
Q66: _ decisions affect the organization and beyond
Q67: A standardized and regularly updated output from
Q68: Which of the following is true of