Question: A gardener wants to develop a forecast for next years quarterly sales of cactus trees. He has collected quarterly sales for the past two years

A gardener wants to develop a forecast for next years quarterly sales of cactus trees. He has collected quarterly sales for the past two years and the data clearly exhibit seasonality. By conducting seasonal factor analysis based on the past two years sales data, he has obtained the following seasonal indices: 0.7 (fall), 0.8 (winter), 1.3 (spring), 1.2 (summer). The expected average sales for each season in year 3 is known to be 120.

Please calculate the quarterly forecasts for year 3: F_Fall

Please calculate the quarterly forecasts for year 3: F_Winter

Please calculate the quarterly forecasts for year 3: F_Spring

Please calculate the quarterly forecasts for year 3: F_Summer

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