joness3491 joness3491

12-04-2018
Mathematics

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You are trying to forecast coffee sales of for the holiday season. You sold 1,500 cups of coffee during the holidays last year,but your overall sales for coffee this year are tracking 20% behind last year.if you have limited promotional dollars what is s realistic total demand forecast for coffee sales during this holiday season?

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MsEHolt MsEHolt

21-04-2018

The answer is $1200.

Since sales are tracking 20% behind last year, this means overall you are selling 80% of what you sold last year.

80% of 1500 = 0.8(1500) = 1200

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