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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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