Question
Problem 11 Management is planning to increase sales volume 2.5 percent and leave menu prices the same. Forecast food sales for months 1, 2,
Problem 11 Management is planning to increase sales volume 2.5 percent and leave menu prices the same. Forecast food sales for months 1, 2, and 3 this year by using the following historical information: Sales Volume Month Month 1 Last Year $120,000 Month 2 $160,000 Month 3 $180,000 Problem 12 Management is planning to increase menu prices 2.5 percent and does not expect any change in sales volume. Forecast food sales for months 1, 2, and 3 this year by using the following historical information: Sales Volume Month Month 1 Last Year $120,000 Month 2 $160,000 Month 3 $180,000
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