Economics Homework Help

In a single Word document, minimum 3 full pages (not including cover page and citations), using appropriate APA, answer the following questions using the attached pdf as reference/.

1. Identify the most important elements when creating a demand forecast.

2. Identify the key issue or issues one must consider when collecting operational data for the demand forecast.

3. How would you use a market response model in the demand forecast?

4. Create and insert a small demand forecast model (using actual or fictional data). To demonstrate effective analytical skills, explain how you would communicate the demand forecast to senior leadership.