Question: Suppose a firm has had the historic sales figures shown as follows. What would be the forecast for next year's sales using the average approach?

Suppose a firm has had the historic sales figures shown as follows.  What would be the forecast for next year's sales using the average approach?

ear. 2009 2010 2011 2012 2013 Sales $1.500.000 S1.750,000 $1.400,000 $2.000.000 S1.600.000

ear. 2009 2010 2011 2012 2013 Sales $1.500.000 S1.750,000 $1.400,000 $2.000.000 S1.600.000

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