Imagine that you are the forecasting manager for Wal$-$Mart. Your boss informs you that they are introducing a brand new premium

Cashew Oil, Chef David's Cashew Oil, of which there is no past data to base a forecast. This oil is similar in use to Olive Oil, and has

previously been seen on the shelves of competing stores like Whole Foods, and represents a new venture into the premium oil

category for Wal$-$Mart. The initial order is for $3,000$ stores to put $6$ bottles each on the shelf.

Based on this data, provide a forecast for monthly and then annual sales of Chef David's Cashew Oil. Your explanation should be

based on how the book and lecture and Powerpoint details a forecast should be made when there is no historical data. Feel free to

invent sources for non$-$historical data $($such as taking surveys or questioning other employees, etc.$)$ that you can use to justify your

numbers.