The Groesbeck Golf Club forecasts its beverage sales for golfers based on the fo

Question

The Groesbeck Golf Club forecasts its beverage sales for golfers based on the forecasted rounds of golf. The rounds of golf are forecasted based on the number of golf members and expected rounds of golf per member. The number of golf members and expected rounds of golf for April–August of 20X4 are as follows:

Montly Expected Number of Golf Member Forecast Average around of Golf/Member

April 400 5

May 405 8

June 410 10

July 415 9

August 420 8

The expected beverage sales per round of golf is forecasted to be $3.00.

Required: Forecast the monthly beverage sales for each month.

Explanation / Answer

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April May June July Aug No.of members 400 405 410 415 420 Average rounds 5 8 10 9 8 Forecasted golfs 2000 3240 4100 3735 3360 Sale per golf $3.00 $3.00 $3.00 $3.00 $3.00 Sales $6000 $9720 $12300 $11205 $10080

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