Posted on September 6, 2008 at 1:59am
Begin with end in mind: MMT a forecasting tool
Daily forecasting of your sales and profitability can be done by using MMT ( Moving Monthly Total). The benefit of using this technique is that it is predictive in nature. It can allow you to know on a daily basis as to where you are headed and allow for iterim correction.
Most restaurants or organisation measure what they have earned or spent to day and some measure what they… Continue