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April 25, 2021
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April 25, 2021

formlabs formlabs

Based on the data attached in the excel sheet write one page about what is the best recommendation to the company to move forward, I wrote some suggestion below please complete in it

Business Recommendations suggested:

1- Finance department should reconsider input values for demand forecasting like price, expected market growth, and sales blitz.

2- Although regression is clearly not a good model to use the data does indicate that for products 4,9,19, and product 20 the finance department’s predicted demand accurately predicts actual demand. Looking into a possible relationship between these products could help indicate a better model to use.

 

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