A local gardening store has collected data on its quarterly sales over the past three years....
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A local gardening store has collected data on its quarterly sales over the past three years. Since gardening is highly seasonal, the owner decides to use the multiplicative seasonal method to forecast sales for the coming year. The total predicted demand for the coming year is 800 units Calculate the average demand for each quarter based on the following historical data: Quarter Year 1 Year 2 Year 3 1 4234 35 225 480 QUESTION 5 95 60 280 490 120 What is the forecasted demand for the first quarter of year 4? QUESTION 3 What is the forecasted demand for the second quarter of year 4? QUESTION 4 What is the forecasted demand for the third quarter of year 4? What is the forecasted demand for the forth quarter of year 4? 70 522 792 312 A local gardening store has collected data on its quarterly sales over the past three years. Since gardening is highly seasonal, the owner decides to use the multiplicative seasonal method to forecast sales for the coming year. The total predicted demand for the coming year is 800 units Calculate the average demand for each quarter based on the following historical data: Quarter Year 1 Year 2 Year 3 1 4234 35 225 480 QUESTION 5 95 60 280 490 120 What is the forecasted demand for the first quarter of year 4? QUESTION 3 What is the forecasted demand for the second quarter of year 4? QUESTION 4 What is the forecasted demand for the third quarter of year 4? What is the forecasted demand for the forth quarter of year 4? 70 522 792 312
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An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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