Why the forecast makes sense

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Problem: Food World, a large Canadian-based grocery store with locations across Canada. A high-level forecast of demand for the upcoming year by month (January 2024 through December 2024). The forecast should show the total expected sales in dollars for each month. For example, January: $20,000,000.00, February: $25,000,000.00, etc. What is important is not the specific numbers you forecast but why you have chosen them. For example, if the company in question manufactures ice cream, I would expect to see a higher sales forecast for the summer. Your forecast should include a detailed explanation of why this forecast makes sense. Bonus marks if you include real-world forecast techniques for the industry in which your company operates.

Reference no: EM133607876

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