Question: Consider the following scenario: H&M started an in-depth study to forecast customer demand based on data it previously recorded. Management at the global brand started

Consider the following scenario: H&M started an
Consider the following scenario: H&M started an
Consider the following scenario: H&M started an in-depth study to forecast customer demand based on data it previously recorded. Management at the global brand started recording sales data in two forms: yearly, & quarterly. The following tables show the recorded data for the past five years: Year Actual Demand 2017 111 2018 120 2019 2020 110 2021 117 112 Quarter 1 2 3 4 2017 30 27 28 2018 23 29 33 35 2019 28 24 29 2020 26 34 27 2021 33 25 31 28 26 31 23 The seasonal indices for Quarters 1, 2, 3, & 4 are respectively * 0.982, 0.975, 1.038, 1.003 1.982, 0.975, 1.038, 1.003 5.82, 0.975, 1.038, 1.003 9.82, 0.975, 1.038, 1.003

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