Tim Horton branch in downtown is going to forecast the sales of coffee for July based on
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Question:
Tim Horton branch in downtown is going to forecast the sales of coffee for July based on collected date of sales from previous months. Help the manager to forecast the sales in July.
Month
Jan
Feb.
March
April
May
June
July
Sales-Demand
2020
1250
1100
880
650
500
375
???
Decrease Rate of Demand %
Note: Don’t forget to write the calculations.
Competency; Establish a management strategy for supplies and stocks- 00N9
2. Determine the quantity of finished products necessary to meet the customer needs.
2.3 Fair evaluation of the quantity of products: to produce and distribute; to keep in warehouse.
Related Book For
Essentials of Statistics for Business and Economics
ISBN: 978-1305081598
7th edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
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