Chlorex in Problem 12-47 is planning to introduce another sustainable product, an all-purpose cleaner. The company is

Chlorex in Problem 12-47 is planning to introduce another €œsustainable product,€ an all-purpose cleaner. The company is attempting to forecast what demand might be like five years into the future. However, it has no historical demand data to use to develop a forecast model. The marketing department has made its own estimate of first-year sales and acquired estimates for the new cleaner from four other sources€”top management, the sales force, a household products trade association, and an independent marketing firm.
In Problem 12-47

Top management estimates first-year sales to be 34,000 units; the marketing department€™s estimate is 47,000 units; the sales force suggests 41,000 units; the trade association estimates first-year sales will be 28,000 units; and the independent marketing firm estimates sales will be 51,000 units. Using these estimates and the demand data and forecast model for the detergent in Problem 12-47, develop a forecast for planning purposes for year five for the newcleaner.

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Green Green Month Sales Episodes Month Sales Episodes 134,175 2 28,366 3 41,819 27,666 5 31,299 37,456 7 52,444 46,712 9 37,222 44,981 40,006 12 47,321 13 55,732 26,004 49,188 40,005 1738.,912 18 31,777 19 30,367 20 34,566 29,078 45,876 23 48,556 51,022 14 15 16 4 21 10 4 24