Question: The seasonal indices for the 12 months January to December for a company whose annual sales have remained more or less constant at ZMW 100

The seasonal indices for the 12 months January to December for a company whose annual sales have remained more or less constant at ZMW 100 million are: 76, 93, 112, 83, 105, 108, 81, 88,98,130,108and 118 respectively. Estimate the company's monthly sales for February, March, July, August, November and December next year.

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1 February The seasonal index for February is 93 and the annual sales of the company are constant at ZMW 100 million To calculate the monthly sales for February we can use the following formula Monthl... View full answer

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