Richard is trying to figure out how many of his product his new business could reasonably expect to sell in its first year. Richard is working on the:
A) production schedule.
B) marketing researchq
C) inventory policy.
D) sales forecast.

Question

Quizplus · Accepted Answer

Sales forecast involves estimating the amount of a product or service that a business is likely to sell over a given period of time. Therefore, Richard is working on his sales forecast to determine what he can realistically offer his customers in the first year of his new business.

Richard Is Trying to Figure Out How Many of His