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Tems11 [23]
4 years ago
6

Mary, Susan, and Sarah are running a beach boutique on the board walk of Ocean City. Their favorite product is a red lifeguard h

oody. Mary believes it will sell 341 times next season. Susan forecasts sales of 535, and Sarah forecasts 199 What would be the result of a simple forecast combination? (Round to two decimal places)
Business
1 answer:
Fofino [41]4 years ago
8 0

Answer:

358.33 times

Explanation:

The computation of the simple forecast combination is shown below:

= (Forecast sales done by Mary + Forecast sales done by Susan + Forecast sales done by Sarah) ÷ (Total number of observations)

= (341 + 535 + 199) ÷ (3)

= (1,075)  ÷ (3)

= 358.33 times

We simply divided the total sales forecasted done by each one by the total number of observations

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If 5 Swiss francs trade for $1, the U.S. price level equals $1 per good, and the Swiss price level equals 2 francs per good, the
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0.4 swiss good(s) per U.S good(s)

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3 years ago
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4 years ago
The first step in the process of creating a marketing plan is to
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Zahra's Decoratives produces and sells a decorative pillow for $97.50 per unit. In the first month of operation, 2,000 units wer
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Answer:

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