Solution
Robert answered on
Dec 21 2021
Report: Sales Forecasting of Andrews
Sales forecasting helps in making the statement about the future events, the sales forecasting is
ased on the past as well as the cu
ent data which helps us in evaluating the future trends of the
particular aspect.
Success of the design score:
Considering the sales of the Andrews, as per round 3, we can say that the company has the sales
of $149,510,980 which decreased to $144,967,567 in round 4, the sales increased by
$185,527,500 in round 5, in round 6 the sales were estimated to be $215,868,377, in round 7 the
sales again decreased to $198,462,473 and in round 8, the sales were estimated to be
$227,422,056. Considering the sales in past 6 years we can say that the sales has an increasing as
well as decreasing trend and has the average growth in last 6 rounds is 9.5645%. The sales of the
company is based on the six main products i.e. Able, Acre, Adam, Aft, Agape and Ahigh, these
are the main products which results in the forecasting of the sales of the company. The
performance of these products varies in every round which affects the overall sales of the
company Andrews. The product Acre holds the highest sales in terms of units that are forecasted
to be sold in all the rounds except for round 8 which forecasts the sales of the Acre product to be
1491. The sale price and sales budget of the products varies in every round. It is evitable for the
company to focus on the sales which will help the company to have the highest sales.
The sales forecast of the company product wise for Andrews was exceeded the prediction in
ound 3, but with round 4, the sales forecast depicts the...