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1-1. You are the manager of a retail store in Galleria, Houston. Recently, you have noticed a significantly higher number of stock-outs for a popular
1-1. You are the manager of a retail store in Galleria, Houston. Recently, you have noticed a significantly higher number of stock-outs for a popular jacket. You are using a software called "OrdeX" to plan your ordering decisions. OrdeX uses historical data to predict future demand (based on trend forecast with seasonality), decides the order quantity, and automatically places orders. Given the high frequency of stock-outs in the past three months, you wonder if OrdeX's decision is optimal. You first check the sales data in the past 36 months (see the spreadsheet). Data-4.xlsxDownload Data-4.xlsx Use the data from Jan-21 to Dec-22 to predict demand for all the months in 2023. For your forecast, use trend forecast with seasonality if needed. What is the seasonal relative for May
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