Use simple proportion seasonality to give the forecast values for Quarters 1, 2, 3, and 4...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Use simple proportion seasonality to give the forecast values for Quarters 1, 2, 3, and 4 for 2019 if it is predicted that 5,000 units will be demanded in 2019. Year 2017 2018 Quarter Sales Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1 Quarter 2 Quarter 3 Quarter 4 1,079 925 1,120 964 1,229 1,086 1,368 1,093 1. What is the forecast value for Quarter 1 in 2019? 2. What is the forecast value for Quarter 2 in 2019? 3. What is the forecast value for Quarter 3 in 2019? 4. What is the forecast value for Quarter 4 in 2019? "Round to the nearest whole number *Round to the nearest whole number. *Round to the nearest whole number *Round to the nearest whole number Use simple proportion seasonality to give the forecast values for Quarters 1, 2, 3, and 4 for 2019 if it is predicted that 5,000 units will be demanded in 2019. Year 2017 2018 Quarter Sales Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1 Quarter 2 Quarter 3 Quarter 4 1,079 925 1,120 964 1,229 1,086 1,368 1,093 1. What is the forecast value for Quarter 1 in 2019? 2. What is the forecast value for Quarter 2 in 2019? 3. What is the forecast value for Quarter 3 in 2019? 4. What is the forecast value for Quarter 4 in 2019? "Round to the nearest whole number *Round to the nearest whole number. *Round to the nearest whole number *Round to the nearest whole number
Expert Answer:
Related Book For
Business Forecasting with Forecast X
ISBN: 978-0073373645
6th edition
Authors: Holton wilson, barry keating, john solutions inc
Posted Date:
Students also viewed these general management questions
-
Ewart plc is considering purchasing a new machine that will reduce the cost of manufacturing one of the companys most popular products. There is some concern as a machine to manufacture this product...
-
In 2011, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2011 was a normal year and that for the past 10 years, earnings have grown at a constant rate of...
-
FIGURE Q38.5 is the current-versus-potential-difference graph for a photoelectric-effect experiment with an unknown metal. If classical physics provided the correct description of the photoelectric...
-
A company's unit costs based on 100,000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $165. A special order from a foreign company has been received for 5,000...
-
Jim Heller, accountant for Complete Home Finance, was injured in a boating accident. Another employee prepared the accompanying income statement for the year ended December 31, 2012. The individual...
-
You should have found that the confidence interval when utilizing the paired structure of the data was narrower than the confidence interval ignoring this structure (this will generally be the case,...
-
Nathans Athletic Apparel has 2,000 shares of 5%, $100 par value preferred stock the company issued at the beginning of 2014. All remaining shares are common stock. The company was not able to pay...
-
A key falls from a bridge that is 54 m above the water. It falls directly into a model boat, moving with constant velocity, that was 10 m from the point of impact when the key was released. What is...
-
A system of acetone-benzene at 318.15 K forms a non-ideal solution. Its vapor-liquid equilibrium is given in Figure Q3 for partial and total vapor pressures of the system vs mole fraction of acetone...
-
To create a limited partnership, a certificate of limited partnership must be filed with the Secretary of State. Which of the following must be included in this certificate under the Revised Uniform...
-
How do individuals gain social capital through networks (see Gaining Power Through Social Networks); how do these translate into power and influence? Explain the dependence model. Describe the five...
-
Do you believe the "rational model" is predominant in criminal justice organizations? How does efficiency factor into the organization?
-
Develop an effective criminal justice organization through the use of organization improvement techniques.
-
Complete the frequency distribution table by intervals (classes) to present the glucose levels of patients who visited the hospital emergency room today morning. 75 12 72 110 130 145 82 70 99 115...
-
On December 31, 2019, Cooley Company purchased 60% of McKnight Company's common shares for $1,575,000. McKnight Company recorded net income of $1 million and paid cash dividends of $250,000 in 2020....
-
1. Discuss the similarities and differences in the way a hydrogen atom is pictured in Bohr's model and in quantum mechanics. Fill -up the table below. Similarities of the atom in Bohr's Model and in...
-
Why can wastewater treatment requirements in Hawaii be less stringent than those in most locations on the U.S. mainland?
-
The following regression results relate to a study of the salaries of public school teachers in a Midwestern city: a. What is the /-ratio for EXP? Does it indicate that experience is a statistically...
-
A twenty-foot equivalent unit (TEU) is a standard measurement of volume in container shipping. The majority of containers are either 20 or 40 feet in length. A 20-foot container is 1 TEU; a 40-foot...
-
The data in the table below are for retail sales in book stores by quarter. a. Plot these data and examine the plot. Does this view of the data suggest a particular smoothing model? Do the data...
-
For coordinates \(\left(x^{1}, x^{2} ight)\) and metric \(g=\operatorname{diag}\left(g_{11}, g_{22} ight)\), the Gaussian curvature is For a sphere with coordinates defined in the following figure,...
-
Consider the holonomic basis defined in Box 26.1 . Using that the tangent vector for a curve can be written \(t=t^{\mu} e_{\mu}=\left(d x^{\mu} / d \lambda ight) e_{\mu}\), show that Thus, \(g_{\mu...
-
The Lie bracket of vector fields \(A\) and \(B\) is defined as their commutator, \([A, B]=\) \(A B-B A\). The Lie bracket of two basis vectors vanishes for a coordinate basis but not for a...
Study smarter with the SolutionInn App