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Forecasting: Acme Manufacturers is in the process of establishing July forecast. It uses the historical method. Last year July it sold 50,000 bicycles and 3,000

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Forecasting: Acme Manufacturers is in the process of establishing July forecast. It uses the historical method. Last year July it sold 50,000 bicycles and 3,000 was returned for various reasons. Big Bikes Inc. is its largest distributor and will be having a special sale in July, as such it requires 5,500 bicycles for this event. Ronnie and Sons have a small advertising campaign in July at both of its stores and will require 250 bikes for each location. Meanwhile Zelda Wheels will be closing on the 3rd of July - its three stores, each stores usually sells 150 bikes a month. Calculate this years July forecast

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