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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 forecasts
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: Ft = 100 + 4t, where t = 0 in June of last year. Seasonal relatives are 1.14 for January, 1.01 for February, and 0.95 for March.
What is the demand forecast for February of next year? (Round your answer to a whole number.)
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