Question: Answer the next three questions using the information below: Jim's department at a local department store has tracked the sales of a product over the

Answer the next three questions using the information below: Jim's department at a local department store has tracked the sales of a product over the last 3 years (given numbers are in thousands). He believes demand for the product has both Seasonality and Trend. Years 2018 2019 2020 Winter 215 160 Spring 213 165 185 Summer 220 175 190 Fall 225 176 190 180 What is the seasonal index for winter? 185 1.02 0.97 1.03 Question 27 (2 points) What is the seasonal index for spring? 1.02 0.98 1.03 187.67 Question 28 (2 points) If the trend equation for this problem is = 210+ 0.2x (x is based on season), what is the forecast for spring of the year 2021 by considering both trend and seasonality? 208.9 212.8 206.19 217.06

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