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To improve their forecasting, two companies have agreed to enter into a CPFR relationship - A producer of bicycles, Marley Bikes, and their primary customer - Bike Store, Inc. Bike Store, Inc, currently has 40 retail outlets and has provided details to Marley Bikes about their upcoming store openings and promotions to help Marley Bikes develop their forecast for the coming year. Bike Store, Inc. is planning on opening up 5 new stores in March, 5 new stores in May and 5 new stores in August. They also expect that their sales will increase by 6% in May, 6% in June, 7% in July, 6% in August and by 5% in September. Marley Bikes has developed the following forecast for 2015 prior to considering this information from Bike Store, Inc.
Calculate an adjusted forecast for 2016 using the information provided above. Please show your work to receive full credit.
Month
Forecast
Jan
1000
Feb
2000
March
3000
April
2500
May
June
4000
July
5000
August
September
October
November
December
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