“Look at historical data… what uplift do we think we’ll have?… that’s the ideal situation”
The Lazy CEO Podcast with Jane Lu · Hairification: The Costly Mistakes Founders Make When Scaling a Business
Play from 10:51
10:51
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What was described
used sell-through rates, promotion uplift forecasts and historical data to calculate how much stock to order for each season
Said nearby on the same subject
“We ran a regression of the forecasted Fed funds rate onto forecasted inflation and forecasted output relative to potential… on this different data, forward-looking data.”