question archive A manager of a store that sells and installs spas wants to attempt a forecast for January, February, and March of next year
A manager of a store that sells and installs spas wants to attempt a forecast for January, February, and March of next year
Subject:BusinessPrice: Bought3
A manager of a store that sells and installs spas wants to attempt a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality. She uses the following equation to estimate the trend component of monthly demand: Ft = 60 + 4t, where t = 0 in June of last year. Seasonal relatives are .89 for January, .95 for February, and 1.11 for March. What demands should she predict for Janurary, feburary and March of next year?? (Round your answers to 2 decimal places.)
