A store forecasted for the sales of coats in 2022. The demand has both trend and seasonality
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Question:
A store forecasted for the sales of coats in 2022. The demand has both trend and seasonality pattern. The trend equation for monthly demand is y = 3000 +50t, where t = 1 for January 2021. If the forecast for January 2022 is 4380 units, the seasonal index for January is .....
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