The quarterly sales data (number of copies sold) for a college textbook over the past 3 years
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Question:
The quarterly sales data (number of copies sold) for a college textbook over the past 3 years are as follows in the Table below: a)Compute seasonal indexes for the 4 quarters. b)When does the textbook publisher experience the largest change in sales? Does this result appear to be reasonable? Explain. c)Using the information on seasonality, compare a 4-quarter moving average to trend projection model and an exponential smoothing with a smoothing constant of 0.2. d)Use the selected model to generate a forecast for sales for the first quarter of Year 4.
Related Book For
An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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