In quantitative ___ forecasting, time-series data can help to identify upwards, downwards and constant ___.

(a)  

In quantitative sales forecasting, you must calculate a particular type of average in order to work out a trend.

What is the name of this average?

In _________ sales forecasting, you must draw a line of best fit accurately.

The line must:

- pass through the X coordinate equal to the average ____

- pass through the Y coordinate equal to the average ____.

(a)  

What is meant by investment appraisal?

In investment appraisal, the _______ period is how long it takes for the project to pay back its initial outlay.

To find this, you must calculate the _______ net cash flow, which takes into account the initial outlay.

(a)  

Explain why calculating the average rate of return (ARR) is useful when it comes to investment appraisal.

In investment appraisal, businesses need to show how much future profits will be worth in terms of their _____ value.

This value is known as its NPV (____ Present Value).

It can be found by using a ______ table, which shows how much a future value must be multiplied to find its present value.

(a)  

Decision ____ trace the alternative outcomes of a decision.

They show the probability of the decision being a _____, and also being a ______.

The expected profit is also included.

(a)  

Criticial path analysis is useful to businesses.

What does it help to improve?

Critical path analysis involves the use of _____ diagrams.

These show the order of operations, as well as the ______ start time and _____ finishing time of each task.

(a)