1.A Retail store is having incredible sales with a brand new shampoo that launched last year. Calculate what the store should forecast for Q4-2022 based on the sales information provided below -

Sales Q4-2021 = 100

Sales Q1-2022 = 150

Sales Q2-2022 = 225

Sales Q3-2022 = On-going (Appx 118 Up to Aug 1)

Forecast Q4-2022 = ???

answer?

2. Snowboarding has seen a continued increase in popularity over the years, due to which the sales of snowboards have kept growing at 2% each year. This is an example of: a seasonality b. average demand c. radom varation d. trend component