Question: Create an Excel spreadsheet for sales forecasting. The spreadsheet should clearly show the forecasting/projected total sales and other necessary elements explaining how the total sales
Create an Excel spreadsheet for sales forecasting. The spreadsheet should clearly show the forecasting/projected total sales and other necessary elements explaining how the total sales are calculated. The Sales Forecasting spreadsheet created for this section should mirror Form A from the textbook (page 97). Build the spreadsheet based on the data below.
- Your facility is the multi-purpose stadium in Charlotte, NC.
- The stadium hosts various sport and cultural events annually.
- The events and the expected attendance are illustrated in the table below.
- You manage the concession stands in the stadium.
- Based on the last five years data, per capita spending for each type of event is projected as follows:
- Pro football: $21.00
- College football: $9.50
- Professional baseball: $9.25
- College baseball: $7.50
- Concert: $16.00
- Rentals: $9.00
| Type of Event | Number of Events | Average Attendance |
| Professional Football | 10 | 65,000 |
| College Football | 6 | 40,000 |
| Professional Baseball | 40 | 22,000 |
| College Baseball | 15 | 15,000 |
| Concerts | 5 | 55,000 |
| Rentals | 1 | 24,000 |
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