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A retail company operates 6 days a week.Sales of the company varies by the day of the week.The following table shows sales for the most
A retail company operates 6 days a week.Sales of the company varies by the day of the week.The following table shows sales for the most recent two weeks of operation.The company wishes develop seasonally adjusted forecasts for each weekday using multiplicative decomposition model.
[Refer to table given & Round all answers in a) & b) to 4 decimal places]
Table Given Week way Sales 165 198 145 4 215 5 231 6 217 7 179 210 NNNNNNPP 157 10 228 11 243 12 223 a) Compute the normalized seasonal index values for each of the six seasons. For column labelled "t" enter the period number, starting with the first period for which a centered moving average can be computed. Weekday CMA Ratio Round your answer to 3 Round your answer to 4 decimal decimal places. places Round your answer to 3 Round your answer to 4 decimal decimal places places Round your answer to 3 Round your answer to 4 decimal decimal places places. Round your answer to 3 Round your answer to 4 decimal decimal places places Round your answer to 3 Round your answer to 4 decimal decimal places places. Round your answer to 3 Round your answer to 4 decimal decimal places. places b) Calculate the normalized seasonal indices for the six weekdays. Weekday | Index Round your answer to 4 decimal places. Round your answer to 4 decimal places. Round your answer to 4 decimal places. 4 Round your answer to 4 decimal places. 5 Round your answer to 4 decimal places. Round your answer to 4 decimal placesStep by Step Solution
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