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A manager of a store that sells and installs spas wants to estimate a forecast for January, February, and March of next year. Her forecasts
A manager of a store that sells and installs spas wants to estimate 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:Ft= 50 + 4t, wheret= 0 in June of last year. Seasonal relatives are 1.11 for January, .91 for February, and .89 for March. What demands should she predict?(Round your answers to 2 decimal places.)
January of next year:
February of next year:
March of next year:
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