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1.Given the following gasoline data: Quarter Year 1 Year 2 1 95 105 2 85 95 3 105 115 4 100 120 a.Compute the seasonal

1.Given the following gasoline data:

Quarter

Year 1

Year 2

1

95

105

2

85

95

3

105

115

4

100

120

a.Compute the seasonal index for each quarter.

b.Suppose we expect year 3 to have annual demand of 400.What is the forecast value for each quarter in year 3?

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