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A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her
A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality. She uses the following equation to estimate the trend component of monthly demand: F+ = 60+ 5t, where t = 0 in June of last year. Seasonal relatives are 87 for January. .91 for February, and 1.02 for March. What demands should she predict? (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Month Forecast January of the next year 82.65 February of the next year 91.00 March of the next year 107.10
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