For this assignment, following APA style, answer as comprehensively as possible

Question

For this assignment, following APA style, answer as comprehensively as possible the questions after each case summary.

Please refer to the Best Homes, Inc. Forecasting on page 447 of the text and answer the questions that follow the synopsis below.

Synopsis and Purpose

The purpose of this case is to expose students to the issues involved in forecasting. best Homes is a home construction company with headquarters in Kansas City, Missouri. They construct only residential homes throughout the U.S. and only new homes. Their reputation is based on building quality homes at a competitive price. Forecasting the correct demand for new home construction is a challenging task.

read the case study on pages 446-447 of the text and answer the following questions:

Questions:

1- What forecasting methods should the company consider? Please justify:

2- Use the classical decomposition method to forecast average demand for 2016 by month. What is your forecast of monthly average demand for 2016? Best Homes is also collecting sales projections from each of its regions for 2016.

3- Best Homes is also collecting sales projections from each of its regions for 2016, What role should these additional sales projections play, along with the forecast from question 2, in determining the final national forecast?

Answers must be well thought-out and in discussion format. Short one-liner answers are not sufficient.

Answer the five questions at the end of the Case Synopsis and Purpose Repeat each question ahead of your answer

Use headings to separate the response to each question

Make sure you answer each question Follow APA style

Check grammar, spelling, sentence structure, etc

I strongly suggest you use a good proofreader for each written submission.

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Explanation / Answer

Marginal analysis involves a cost-versus-benefits comparison of various business activities. In marginal analysis, the cost of an activity is measured against incremental changes in volume to determine how the overall change in cost will affect the bottom line of a business. Marginal analysis can show the cost of additional production by a business all the way up to the break-even point. This is generally the maximum cost that a business can sustain without losing money.

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