Question: 8. Forecasting Your company operates a Weekends only Cooperative workshop. It allows creative tinkers to do projects using industrial tools on weekends only (Fridays, Saturdays,

8. Forecasting Your company operates a Weekends only Cooperative workshop. It allows creative tinkers to do projects using industrial tools on weekends only (Fridays, Saturdays, and Sundays). Since the weekend data below shows a seasonal pattern, you must take this pattern into account in your forecasts. Please find the seasonal index for each day (Friday, Saturday and Sunday). Using de-seasonalized actuals, the 4 period moving average forecast is 93.1. What is the seasonlized forecast for the next Friday? (You may round seasonal indices to 3 decimal places and forecasts to I decimal place.) Period Day Daily Demand 1 Friday 2 Saturday 3 Sunday 4 Friday 5 Saturday 6 Sunday 7 Friday 8 Saturday 9 Sunday 10 Friday 11 Saturday 12 Sunday seasonal index for Friday seasonal index for Saturday = seasonal index for Sunday Friday forecast

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