Total estimated sales are the sum of estimated first-time sales, replacement sales, and ________ for the new product.
A) consumer products
B) industrial use products
C) repeat sales
D) one-time purchases
E) infrequently purchased items

Question

Quizplus · Accepted Answer

Repeat sales refer to customers who have previously bought the product and are likely to buy it again in the future. Including repeat sales in the total estimated sales gives a more accurate picture of the product's potential revenue.

Total Estimated Sales Are the Sum of Estimated First-Time Sales