Question: 12. Monthly usage data for pallets used in a distribution center are as follows: Year 1 2 3 4 January 1484 1482 1792 1902 February

12.Monthly usage data for pallets used in a distribution center are as follows:

Year 1 2 3 4

January 1484 1482 1792 1902

February 1394 1400 1586 1722

March 1552 1548 1770 1876

April 1796 1864 2110 2218

May 2060 2198 2408 2548

June 2214 2446 2652 2844

July 2330 2580 2606 2972

August 2432 2698 2872 3110

September 2416 2682 2946 3208

October 2262 2592 2906 3200

November 1942 2132 2340 2806

December 1566 1802 2046 2418

  1. Calculate the monthly usage index for each month.
  2. Use simple linear regression to forecast total usage of pallets for year 5.
  3. Forecast the seasonally adjusted usage for pallets for each month in year 5.

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