What Forecasting Method Is a Company Using That Simply Adds

question 71

Short Answer

What forecasting method is a company using that simply adds together each salesperson's own forecast to predict total company sales?

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Definitions:

Percent Discount

A reduction in price, usually calculated as a certain percentage of the original price.

Full Amount

The complete or total sum of money required or specified, without deductions.

Ratify Contracts

The formal approval or confirmation of a contract, making it officially valid.

Principals

The main parties involved in a transaction or contract, typically who have the primary responsibility and interest in the agreement.