The following table provides monthly sales ($1000) at a college bookstore. The sales show a seasonal pattern,
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The following table provides monthly sales ($1000) at a college bookstore. The sales show a seasonal pattern, with the greatest number when the college is in session and decrease during the summer months.Calculate seasonal factors, then calculate the forecasted salesfor July in year 5. In year 5 the expected to be a total of $3,600,000 MTJanFebMarAprMayJunJulAugSepOctNovDec1196188192164140120112140160168192200220018819216414012213214417616819619431962122021801501401561441641862002304242240196220200192176184204228250260
Related Book For
Essentials of Business Analytics
ISBN: 978-1285187273
1st edition
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann , David Anderson, Dennis Sweeney, Thomas Williams
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