Equations 31,32,33

Cards (8)

  • What is the focus of the A level Business-Themes 1 to 4 Formula Sheet?
    It introduces formulas related to business growth and seasonal factors.
  • What is the formula for calculating business growth?
    Business growth is calculated using the formula: (Differenceinsites,employees,CE,sales/original)×100(Difference in sites, employees, CE, sales/ original) \times 100.
  • What does the 4 quarter moving average (current trend) formula represent?
    It represents the average of sales over four quarters to identify the current trend.
  • How is the seasonal factor calculated?
    The seasonal factor is calculated using the formula: (4 season sales average (trend)+(4 \text{ season sales average (trend)} + next 4× season average (trend))/2 \text{ next 4} \times \text{ season average (trend)})/2.
  • What does the average seasonal variance formula calculate?
    The average seasonal variance calculates the difference between seasonal sales and the current trend.
  • What is the formula for calculating total seasonal variance?
    Total seasonal variance is calculated by dividing the total seasonal variance by the number of periods.
  • How would you plot the average seasonal variance on a graph?
    You would plot the average above or below the extrapolated current trend line.
  • What is the process for analyzing seasonal sales data?
    1. Calculate the seasonal factor.
    2. Determine the average seasonal variance.
    3. Plot the average above or below the extrapolated current trend line.