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Simulation Memo 2 - final

Simulation Memo 2 - final - BE 211 Memo#2 Simulation Memo 2...

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BE 211 Winston Hibberd, Lauren DiTizio, Leo Moffa, Wesley Palmer Memo #2 September 26, 2007 Simulation Memo # 2 To: President of Garbage Disposal of Love From: Sales Forecasting Dept. Re: Forecasting & Sales Report for Quarter 22 Dear Mr. President, The following are our predictions from Quarter 21 for Quarter 22 and the results of our predictions. For our firm over the next quarters, it is important to note that the continual increase in CPI over that first 20 quarters causes us concern for our share in the market with cereal and frozen entrées. For Quarter 22, we were predicting a steady market for the sale of salt. With a 8.33% share of the total salt market, we were also predicting to stay steady in our sales of salt. We predicted to sell 1000 units of salt for Quarter 22. We predicted the same units sold this quarter because we have noticed that the demand for the sale of salt seems to be inelastic. We believe that despite the growth in all leading economic indicators and in the overall economy that the demand for salt in the near term will be inelastic. We believe this because
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