Question: 1.) The first quarter forecast is ____ cases 1b.) The second quarter forecast is ____ cases 1c.) The third quarter forecast is ____ cases 1d.)

1.) The first quarter forecast is ____ cases
1b.) The second quarter forecast is ____ cases
1c.) The third quarter forecast is ____ cases
1d.) The fourth quarter forecast is ____ cases
The manager of Alaina's Garden Center must make the annual purchasing plans for rakes, gloves, and other gardening items. One of the items the company stocks is Fast-Grow, a liquid fertilizer. The sales of this item are seasonal, with peaks in the spring, summer, and fall months. Quarterly demand (in cases) for the past two years is as follows: Quarter 1 2 3 4 Year 1 41 353 292 247 933 Year 2 65 453 302 297 1,117 Total If the expected sales for Fast-Grow are 1,271 cases for year 3, use the multiplicative seasonal method to prepare a forecast for each quarter of the year. (Round all intermediate calculations to three decimal places.)Step by Step Solution
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