The Fitter Snacker company sold 6,435 cases of snack bars in June of the previous year. They are expecting sales to increase by 3% this year. In addition, they are launching a promotional campaign in May, which they expect will increase sales in June by an additional 500 cases. Sales forecasting Previous year (cases) Promotion sales (cases) Previous year base (cases) Growth: April May June 6735 300 6435 193 6628 500 7128 Jan. Feb. March 5734 5823 5884 6134 6587 300 5734 172 5906 6287 189 6476 5823 5884 6134 3.0% Base projection (cases) Promotion (cases) Sales forecast (cases) 175 5998 177 6061 184 6318 5906 5998 6061 6318 6476 Calculate the sales forecast for June of this year that Fitter Snacker should use? Show all your calculation steps.
The Fitter Snacker company sold 6,435 cases of snack bars in June of the previous year. They are expecting sales to increase by 3% this year. In addition, they are launching a promotional campaign in May, which they expect will increase sales in June by an additional 500 cases. Sales forecasting Previous year (cases) Promotion sales (cases) Previous year base (cases) Growth: April May June 6735 300 6435 193 6628 500 7128 Jan. Feb. March 5734 5823 5884 6134 6587 300 5734 172 5906 6287 189 6476 5823 5884 6134 3.0% Base projection (cases) Promotion (cases) Sales forecast (cases) 175 5998 177 6061 184 6318 5906 5998 6061 6318 6476 Calculate the sales forecast for June of this year that Fitter Snacker should use? Show all your calculation steps.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:The Fitter Snacker company sold 6,435 cases of snack bars in June of the previous
year. They are expecting sales to increase by 3% this year. In addition, they are
launching a promotional campaign in May, which they expect will increase sales in
June by an additional 500 cases.
April
May
Sales forecasting
Previous year (cases)
Promotion sales (cases)
Previous year base (cases)
Growth:
Base projection (cases)
Promotion (cases)
Sales forecast (cases)
June
6735
300
6435
193
6628
500
7128
Jan.
Feb.
March
5734
5823
5884
6134
6587
300
5734
5823
5884
6134
184
6287
189
3.0%
172
5906
175
177
6061
5998
6318
6476
5906
5998
6061
6318
6476
Calculate the sales forecast for June of this year that Fitter Snacker should use?
Show all your calculation steps.
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