Question: The second quarter forecast is _____ cases The third quarter forecast is _____ cases The fourth forecast is ______ cases The manager of Alaina's Garden
The second quarter forecast is _____ cases
The third quarter forecast is _____ cases
The fourth forecast is ______ cases
The manager of Alaina's Garden Center must make the annual purchasing plans for rakes, gloves, and other gardening items. One of the items the company stocks is Fast-Grow, a liquid fertilizer. The sales of this item are seasonal, with peaks in the spring, summer, and fall months. Quarterly demand (in cases) for the past two years is as follows: Quarter 1 2 3 4 Total Year 1 38 352 291 247 928 Year 2 62 446 345 317 1,170 If the expected sales for Fast-Grow are 1,243 cases for year 3, use the multiplicative seasonal method to prepare a forecast for each quarter of the year. (Round all intermediate calculations to three decimal places.) The first quarter forecast is cases. (Enter your response rounded to the nearest whole number.)Step by Step Solution
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