For planning production in the medium term, vehicle manufacturers need to forecast tire demand for new motor
Question:
a. Compute the seasonal relative for each quarter using the centred moving average method.
b. Deseasonalize the data, fit an appropriate model to the deseasonalized data, extend the model four quarters, and reseasonalize these in order to forecast the sales of Ridgeline trucks in the 4th quarter of200S, and I st, 2nd, and 3rd quarters of 2009.
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Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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