You are the owner of a book store. Given the information below, generate a Business Forecast for your book store for the coming year. Answer the following 2 questions:

1) In the next year, what is your projection for income, projection for employees needed and projection of number of books to order. Tell us what method you used to arrive at your figures.

2) Almost 50% of your sales occur near the holidays - October through December. What effect does this have on your inventory - and why? What should you do?

Year	Total Sales	Number of employees	Number of books sold
3 years ago	$1,200,000	6	78,532
2 years ago	$1,984,000	8	132,308
Last year	$1,485,000	7	99,536
This year	??????	?	?

Answer rating: 100% (QA)

1 We first use the trend projection method individually ... View the full answer