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Five-star sells school related products. Their top seller, the five subject spiral notebook, has done very well. The notebook's sales during the back- school
Five-star sells school related products. Their top seller, the five subject spiral notebook, has done very well. The notebook's sales during the back- school season (July through October) over the last three years are shown below: Month July August 2020 2021 2022 140,000 114,000 125,000 147,000 142,000 143,000 71.000 53,000 September 80,000 72,000 October 60.000 54,000 For the five-subject notebook, Five-star's projected sales for the 2023 back-to-school season of are 385,000. Based on the past sales and this year's projected sales, answer the following questions. Given the above information and using the most appropriate forecasting method, what should be the forecast for July 2023 sales? (Display your answer to the nearest whole number.) Number What is the forecast for August 2023 sales? (Display your answer to the nearest whole number.) Number What is the forecast for September 2023 sales? (Display your answer to the nearest whole number.) Number What is the forecast for October 2023 sales? (Display your answer to the nearest whole number.) Number
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To forecast sales for July through October 2023 you can use a simple moving average method which cal...Get Instant Access to Expert-Tailored Solutions
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