Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the naïve approach?
A)$10,000,000
B)$10,550,000
C)$10,840,000
D)$12,000,000

Name: Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the naïve approach? A)$10,000,000 B)$10,550,000 C)$10,840,000 D)$12,000,000
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Question

Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the naïve approach? 
A)$10,000,000 
B)$10,550,000 
C)$10,840,000 
D)$12,000,000

Quizplus · Accepted Answer

The Answer is D

Suppose a Firm Has Had the Historical Sales Figures Shown