Question

How do I calculate "your Forecast"? Any suggestions thanks

CAPSTONE Coach Fie lundo M Marketing Teamiane: Digby SIMID: C104975 Round: 1 I Year: 2020 Drafft saved at Jan 21, 2019 12:41PM Sales Budget Benchmark Prediction Your Forecast Gross Revenue VariableContrib Costs romo Name Price Budget Margin Promo/Sales 3( 28.00, 1..工-1000 .1 s1 1000 900160 33.00 700700 Daze Dell Dixie Dot Dune NA NA NA 250781742616 5,616 $ 5,739 $3,050 $1,583 $ 2,648 96 $111 900 800 $28 5022$7.539 S 21.00 $ 20.963 800 19 so7sase4 650$3.050 390 12873825$ 41048 $8.825 33.00 $700 $ 0 0.0 $0.0 S 0/ $.0 92.034S65.199s 28.83 $.0 $0 $4.100 Total 4,100 3.364 $18,635 Unit Sales Forecast Revenue Forecasi 30 28.502 $25.078 Ulxie Dot Dazc Dell -Trad ■ Low-High-Pfmn-Size ■ Variable Cnst -Marketing 1.1 Margin After Mai keting phone: azz47247a7 l Emad: ярр°[email protected] 1 Address: 5S EMonroe, Suite 3210 hcago, IL 60603 Capsım Management Simulations, Inc. 2019 Al Rights Reserved. Capsim and Capsim.com Your best source for business simulations e閒灘 seatch

Answer 1

Estimate your forecast based upon current market conditions and future trends in the industry. Then estimate the worst and best possible case. First create estimates using the worst case. Then with the best case and take the average of these.

Consider competitor products and pricing as well as new products that are to be launched for cresting this estimate. The growth rate of the company will also help in creating Your forecasts.