Question: Data: Quarterly Glass Container Demand Year First Qtr. Second Qtr. Third Qtr. Fourth Qtr. 1990 17,446. 17,748. 18,971. 17,802. 1991 17,595. 19,360. 19,413. 18,315. 1992
Data:
Quarterly Glass Container Demand
| Year | First Qtr. | Second Qtr. | Third Qtr. | Fourth Qtr. |
| 1990 | 17,446. | 17,748. | 18,971. | 17,802. |
| 1991 | 17,595. | 19,360. | 19,413. | 18,315. |
| 1992 | 17,785. | 18,338. | 19140. | 18,083. |
Question:
Quarterly sales (in thousands of units) of a product over the last two years have been 26, 29, 30, 27, 28, 32, 33, and 30. Plot the data and forecast for the next period using Winters Seasonal Model.
Now, assume sales for the ninth quarter turned out to be 32. Update your parameter estimates and forecast sales for period 10.
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