Question
Number of sales by sales department: Active sportswear 23838 Footwear 18874 Accessories 10860 Licenced merchandise 3512 Sports equipment 2414 Equipment repairs 3219 Average sales spend
| Number of sales by sales department: | |
| Active sportswear | 23838 |
| Footwear | 18874 |
| Accessories | 10860 |
| Licenced merchandise | 3512 |
| Sports equipment | 2414 |
| Equipment repairs | 3219 |
| Average sales spend per sale: | |
| Active sportswear | $80 |
| Footwear | $200 |
| Accessories | $80 |
| Licenced merchandise | $200 |
| Sports equipment | $90 |
| Equipment repairs | $150 |
| Forecast total sales by sales department: | |
| Active sportswear |
|
| Footwear |
|
| Accessories |
|
| Licenced merchandise |
|
| Sports equipment |
|
| Equipment repairs |
|
| Total projected sales revenue for sales departments: |
|
| New service forecasting | |
| New service: Sports tourism | |
| Marketing forecasts (optimistic) | |
| Number of travel sales | 1556 |
| Average predicted sales value (per sale) | $700 |
| Optimistic sales revenue from service | $1,089,200 |
| Revised analytics for sports tourism | |
| Probability of achieving forecast bootcamp enrolments | |
| Probability of 25% forecast | 9% |
| Probability of 50% forecast | 13% |
| Probability of 75% forecast | 26% |
| Probability of 100% of forecast | 52% |
| Total overall probability of forecast? |
|
| Total likely forecast (based on new analysis) for new sports tourism service |
|
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Auditing A Risk Based Approach
Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg
12th Edition
035772187X, 978-0357721872
