A manufacturer of entertainment centers use the completion of new homes as part of their demand forecast. They consider that for every nine new homes that cost over 300,000 in the city, they make one sale. For every 15 new homes that cost over $150,000 but less than $300,000 in the city, they make one sale. Their projected demand for the future period, before they consider home sales, is for fourteen entertainment centers. They now receive home figures of seventy-two new homes of over $300,000 and 40 new homes of $150,000-$300,000. What should their new forecast be?

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For every 5 homes costing over 300000 Sales forecast 1 For Every 20 homes costing bet... View the full answer