Question: Using the data given in the following table, if the seasonal index for quarter 3 is 1.12, what forecast (rounded to the nearest integer) should

Using the data given in the following table, if the seasonal index for quarter 3 is 1.12, what forecast (rounded to the nearest integer) should be made for quarter 3 of 2021?

Quarter 2019 2020
Q1 120 113
Q2 135 132
Q3 144 140
Q4 115 118

A. 126

B. 141

C. 144

D. 118

E. 133

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!