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PREDICTION OF SALES AS AN ELEMENT OF ENTERPRISE DEVELOPMENT PLANNING

Journal: International Scientific Journal "Internauka" (Vol.2, No. 60)

Publication Date:

Authors : ; ; ;

Page : 55-59

Keywords : forecasting; demand; sales volume; economic-mathematical modelling; coefficient of elasticity;

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Abstract

The article "Prediction of sales as an element of enterprise development planning" is devoted to the analysis of methods of economic-mathematical modeling, extrapolation and forecasting of sales volume based on actual data of the enterprise company. In the article a comparative analysis of economic and mathematical methods of forecasting is carried out and the forecast of future values ​​of sales volume of enterprise production is made. Based on actual data gathered from "Vizytka.Com" LLC a trend analysis of sales volumes using the Holt method was conducted and a forecast for the expected future sales was built. The urgency of this model lies in the fact that it can be used with a small amount of analytical data for both small and large enterprises. Also, there are formulated recommendations that will help to analyze the obtained indicators.

Last modified: 2019-10-30 19:04:57