Provide an oveMonth

Sales

Formula Bar

$242$

$235$

$232$

$178$

$184$

$140$

$145$

$152$

$110130$

$152$

$206$

$263$

$238$

$247$

$193$

$193$

$149$

$157$

$161$

$122$

$130$

$167$

$230$

$282$

$255$

$265$

$205$

$210$

$160$

$166$

$174$

$126$

$148$

$173$

$235$riew of the Case Study Case Problem Forecasting Food and Beverage Sales

$1$

The Vintage Restaurant, on Captiva Island near Fort Myers, Florida, is owned and operated by Karen

Payne. The restaurant just completed its third year of operation. During those three years, Karen sought to

establish a reputation for the restaurant as a high$-$quality dining establishment that specializes in fresh

seafood. Through the efforts of Karen and their staff, their restaurant has become one of the best and

fastest$-$growing restaurants on the Island.

To better plan for future growth of the restaurant, Karen needs to develop a system that will enable them to

forecast food and beverage sales by month for up to one year in advance. The following table shows the

value of food and beverage sales s$)$ for the first three years of operation. LO $1,3,7$

DATA file

vintage