Eco 550 Assignment Assignment 1 Making Decisions Based on Demand and Forecasting
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Eco 550 Assignment
Assignment 1 "Making Decisions Based on Demand and Forecasting"
Strayer University
ECO 5550 - Managerial Economics and Globalization
Making Decisions Based on Demand and Forecasting
There are several demographic and independent variables which are relevant in completing a demand analysis for pizza in Loudoun County, Virginia. The first variable that I used in completing my demand analysis is the average cost per pizza in the Loudoun County, Virginia area. The average cost of pizza is imperative in completing a demand analysis, because consumers in Loudoun County, Virginia have several choices in pizza companies vying for their attention. The second variable that I used was the sales revenue for Domino's Pizza domestic stores for the quarters ranging from the first...