Question: Hera Computer Chips Inc. used the three year quarterly data in the table below to determine the regression equation for forecasting: Y = a +

Hera Computer Chips Inc. used the three year quarterly data in the table below to determine the regression equation for forecasting: Y = a + b*X, where X is the time period, a = 46.55 & b = 2.26. and prepared the additional analysis using a multiplicative seasonal index. With this information, calculate the forecast for the third quarter of Year IV.(carry to 2 decimal places) Quarter Year Period Actual Sales Trend Forecast (using Regression equation) Seasonal Index =Act/Trend

1st I 1 48 48.81 0.98

2nd I 2 41 51.07 0.80

3rd I 3 60 53.33 1.13

4th I 4 65 55.59 1.17

1st II 5 58 57.86 1.00

2nd II 6 52 60.12 0.86

3rd II 7 68 62.38 1.09

4th II 8 74 64.64 1.14

1st III 9 60 66.91 0.90

2nd III 10 56 69.17 0.81

3rd III 11 75 71.43 1.05

4th III 12 78 73.69 1.06

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining for the recent three years because of the quad-core chips, which it cannot...

I have questions on "Chapter 17 Time Series Analysis and Forecasting. The questions is in the attachment; that are problem number 29 and 30 (it is on last three pages, not the multiple choice...

CHAPTER 17TIME SERIES ANALYSIS AND FORECASTING MULTIPLE CHOICE 1. Which of the following is not present in a time series? a. seasonality b. operational variations c. trend d. cycles ANS: B PTS: 1...

1) (20%) Assume the monthly sales figures for the first year (2020) of your business are as follows: January 3,470 May 9,740 15,685 September October February 4,225 June 10,460 17,980 March 6,990...

Write 2 paragraphs about Macro risks and the term structure of interest rates article. No max word count, page count, or formatting requirements but has to be submit to my tutor's work as my own....

Ace Snacks Company supplies Ace Chips to 20 different stores located throughout Singapore. Based on their sales volume, the company categorised the stores into two classes - High (H) and Low (L)....

Hi Erylee88, I would like to utilize your service again. Same format different questions. Please find attached document for your review. Let me know. Thank you, Sam...

The objective of the Homework assignment is to provide an opportunity to apply or practice the tools and techniques covered in the course and to provide an opportunity to articulate key concepts...

The following are the more stable anomers of the pyranose forms of D-glucose, D-mannose, and D-galactose: HO HOCH2 HOCH, OH CH OH HO HO HO OH HO HO B-D-Glucopyranose 64% at equilibrium)...

Let V be a vector space of dimension n over F. Recall that V V denotes the vector space (also over F) of 2-tensors, i.e. formal linear combinations of bilinear expressions of the form u v for u, v ...

The 3 approaches to obtaining value in an appraisal include Group of answer choices reconciliation, substitution and cost amenities, market data, and income sales comparison, cost approach and income...

Create a C# application named SalesTransactionDemo that declares several SalesTransaction objects and displays their values and their sum. The SalesTransaction class contains the following fields:...