A subset of the basic outcomes is classified as a sample

Willow Golf Course is planning for the coming golfing season

Investors would like to earn a 10% return on the company's $60,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $32,000,000 for the season. About 600,000 rounds of golf are expected to be played each year. Variable costs are about $15 per round of golf. Willow golf course is a price-taker and will not be able to charge more than its competitors, who charge $78 per round of golf. Compute the operating profit that will be earned. A) $5,800,000 B) $6,000,000 C) $87,800,000 D) $46,800,000

Why are forecasts for product families typically more accurate than forecasts for the individual items within a product family?

What will be an ideal response?