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QUESTION 2 Harvey Hotdogs is a hot dog stand located on the sidewalk along the main strip of college bars in Lincoln, Nebraska. The company

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QUESTION 2 Harvey Hotdogs is a hot dog stand located on the sidewalk along the main strip of college bars in Lincoln, Nebraska. The company sells hot dogs to the Nebraska students entering and leaving the bars, approximately 80% of the university 22,000 students can legally enter bars of students who are 21 and older, 759 visit the main strip of bars each weekend. These students constitute the market for Harvey Hotdogs. The hot dog stand offers all of its gourmet hot dogs for $7.50 per hot dog, and each student is typically a repeat customer, buying approximately 5 hot dogs per semester The company estimates that its advertising and communications provide coverage of 65% of the target market. Using the chain-ratio method, estimate the forecasted sales for the semester

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