a) In the past, ABC have used quantitative methods for forecasting, (mainly historical sales, as the basis for predicting future sales). Is this method still applicable to forecast sales for the new store? Explain why/why not.

TASK 4 ABC Stationery Sales Q1 Q2 Q3 Q4 Total Stationery 55% 44,000 38,500 35,750 46,750 165,000 Gifts 5% 4,000 3,500 3,250 4,250 15,000 Magazines 10% 8,000 7,000 6,500 8,500 30,000 Toner 30% 24,000 21,000 19,500 25,500 90,000 Total 100% 80,000 70,000 65,000 85,000 300,000 Check Sums