The company’s sales for year 2015, 2016, 2017, and 2018 were 50,000, 60,000,65,000 and 75,000 respectively. Determine the sales forecast for the year 2019 using weight givens 0.5, 0.2,and 0.3?

To determine the sales forecast for the year 2019 using the given weights, we can use the weighted average formula.

Sales forecast for 2019 = (Sales in 2015 * Weight for 2015) + (Sales in 2016 * Weight for 2016) + (Sales in 2017 * Weight for 2017) + (Sales in 2018 * Weight for 2018)

Sales forecast for 2019 = (50,000 * 0.5) + (60,000 * 0.2) + (65,000 * 0.3) + (75,000 * 0)

Sales forecast for 2019 = 25,000 + 12,000 + 19,500 + 0

Sales forecast for 2019 = 56,500

Therefore, the sales forecast for the year 2019 using the given weights is $56,500.