Use the following quarterly data to develop the seasonal indexes: Quarter Year 1 Year 2 Year
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Question:
Use the following quarterly data to develop the seasonal indexes:
Quarter | Year 1 | Year 2 | Year 3 |
1 2 3 4 Total | 210 375 485 263 1333 | 201 405 543 300 1449 | 235 435 525 325 1520 |
The manager predicts that the demand for next year will be 1750.
Calculate next year's forecast for Quarter 2 (round to the nearest integer):
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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