The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; Term-1Term-2Term-3 2020 4500 3,000 1,200 2021 6,000 4,200 2,400 20227,800 5,400 3,600 Required: Using multiplicative index, forecast sales for term-III (to the nearest 100) of the ear 2023 given an annual sales forecast of 18,000
The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; Term-1Term-2Term-3 2020 4500 3,000 1,200 2021 6,000 4,200 2,400 20227,800 5,400 3,600 Required: Using multiplicative index, forecast sales for term-III (to the nearest 100) of the ear 2023 given an annual sales forecast of 18,000
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Transcribed Image Text:The sales data (in units) of book store has been extracted for the three terms over
3 years as follows;
Term-1Term-2 Term-3
20204500 3,000 1,200
2021 6,000 4,200 2,400
20227,800 5,400 3,600
Required:
Using multiplicative index, forecast sales for term-III (to the nearest 100) of the
year 2023 given an annual sales forecast of 18,000
OA. 3,100 units
OB. 3,500 units
OC. 3,300 units
OD. 3,400 units
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