A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next y
Posted: Sun Jun 05, 2022 10:33 pm
A manager of a store that sells and installs spas wants to
prepare a forecast for January, February, and March of next year.
Her forecasts are a combination of trend and seasonality. She uses
the following equation to estimate the trend component of monthly
demand: Ft = 50 + 4t,
where t = 0 in June of last year. Seasonal
relatives are 1.11 for January, .91 for February, and .89 for
March. What demands should she predict? (Round your
answers to 2 decimal places.)
January of the next year:
February of the next year:
March of the next year:
prepare a forecast for January, February, and March of next year.
Her forecasts are a combination of trend and seasonality. She uses
the following equation to estimate the trend component of monthly
demand: Ft = 50 + 4t,
where t = 0 in June of last year. Seasonal
relatives are 1.11 for January, .91 for February, and .89 for
March. What demands should she predict? (Round your
answers to 2 decimal places.)
January of the next year:
February of the next year:
March of the next year: