Given the following table:
|Average football game attendance||Last YearĂ˘â‚¬â„˘s Actual Sales (full price)||RhondaĂ˘â‚¬â„˘s forecast for next year||SteveĂ˘â‚¬â„˘s forecast for next year||Market research forecast for next year||Average forecast||Standard Deviation|
a) How many sweaters should you order this year? Break down your order by individual school. Document your calculations in a spreadsheet. Calculate this based on the aggregate forecast and also the forecast by individual school.
b) What do you think they could make this year? They are paying you $40,000 and you expect your benefit package addition would be about $1,000 per year. Assume that they order based on the aggregate forecast.
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