Question: 1 - ( 1 2 points ) The following equation summarizes the trend projection of quarterly sales of condos over a long cycle. Sales exhibit
points The following equation summarizes the trend projection of quarterly sales of condos over a long cycle. Sales exhibit seasonal variation. Using the information given, prepare seasoned forecast of sales for each quarter of next year not this year
where Unit sales, is quarter of last year
Assume seasonal relatives and
Find Q seasonal relative: Seasonal relatives adds to the number of seasons;
Q
Qnext year seasonally adj.
Q next year seasonally adj.
Q next year seasonally adj.
Q next year seasonally adj.
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