Baker is a product of the Baldwin company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equal this year over last. For this question assume that all 700 of units of Baker are sold in the Nano segment. If the competitive environment remains unchanged what will be the Baker product's demand next year (in 000's) ?

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Business

Uriah

11 November, 23:57

Baker is a product of the Baldwin company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equal this year over last. For this question assume that all 700 of units of Baker are sold in the Nano segment. If the competitive environment remains unchanged what will be the Baker product's demand next year (in 000's) ?

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Answers (1)

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Howell · Answer 1

1283 is the correct answer to this question.

Explanation:

As mentioned in the question.

If the marketing team makes a 14 percent forecast,

Thus, if the business landscape remains unchanged, And the Baker product remains the same.

The Application for next year=1125 (1 + 0.14) = 1125 * 1.14=1282.5

The rounded demand=1283

1283 is the final answer to this question.