1. Business
  2. Operations Management
  3. a manager of a store that sells and installs spas...

Question: a manager of a store that sells and installs spas...

Question details

A manager of a store that sells and installs spas wants to prepare 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 = 90 + 3t where t-O in June of last year. Seasonal relatives are 1.00 for January 96 for February, and .95 for March, what demands should she predict? (Round your answers to 2 decimal places.) Month January of the next year February of the next year March of the next year Forecast
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution