Forecasting sales has two components,

Question

Quizplus · Accepted Answer

The two components of forecasting sales are guest counts or covers and average check amount. This means that the number of customers or guests that will visit the establishment and the amount that they are likely to spend on average are the two factors that need to be forecasted in order to predict sales. Other factors such as food budget or total sales may be used in conjunction with these two components, but they are not the primary components of forecasting sales.

Forecasting Sales Has Two Components