I am trying to build a revenue schedule for Ford and would like to know how it is possible to model price increases of their products. Since Ford manufactures so many cars, I dont really know where to start. Is it accurate to find the average price of all their vehicles and use that to forecast?
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That is accurate but more detailed then I’d care to do. You certainly can do it by individual car but there is no real need to. Sure. You get hyper-specific on the numbers but you’ll end up with a similar margin of error as doing the modeling at the vehicle type (ie - sedan, coupe, truck) level but you’ll have done a lot more work.
I would do sales by vehicle type and maybe geography.
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