Question: Problem 15 Question Help o Forrest and Dan make boxes of chocolates for which the demand is uncertain. Forrest says, That's life. On the other

Problem 15 Question Help o Forrest and Dan make

Problem 15 Question Help o Forrest and Dan make boxes of chocolates for which the demand is uncertain. Forrest says, "That's life." On the other hand, Dan believes that some demand patterns exist that could be useful for planning the purchase of sugar, chocolate, and shrimp. Forrest insists on placing a surprise chocolate-covered shrimp in some boxes so that "You never know what you'll get." Quarterly demand (in boxes of chocolates) for the last three years is shown in the table below: Quarter 2 3 4 Total Year 1 3,000 1,000 650 5,250 9,900 Year 2 3,050 1,100 950 5,375 10,475 Year 3 3,250 1,300 1,175 5,575 11,300 a. Use intuition and judgment to estimate quarterly demand for the fourth year. The forecast for quarter 1 is 3,550 boxes of chocolates. The forecast for quarter 2 is 1,525 boxes of chocolates. The forecast for quarter 3 is 1,300 boxes of chocolates. The forecast for quarter 4 is 5,625 boxes of chocolates. b. If the expected sales for chocolates are 11,800 cases for year 4 use the multiplicative seasonal method to prepare a forecast for each quarter of the year. (Round all intermediate calculations to two decimal places.) The first quarter forecast is boxes of chocolates. (Enter your response rounded to the nearest whole number.)

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