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AutoSave OFF Home Insert Draw Design Layout References Garamond 14.5 ' Aa Paste B I U ab x, A D A Page 1 of
AutoSave OFF Home Insert Draw Design Layout References Garamond 14.5 ' Aa Paste B I U ab x, A D A Page 1 of 1 205 words English (United States) Mailings Review View Tell me W= Case Ch 4 BD Share Editing Comments AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDdEe AaBb( > Normal No Spacing Heading 1 Heading 2 Title Styles Pane Dictate Sensitivity Editor Background Read the Southwestern University (B) case on Page 152 of the textbook. Solution Requirements Utilize Microsoft Excel to complete the following steps: 1. Create a linear trend forecast for the next ten games. Hint: You will have to create a linear trend equation for each game of the season across all six years. In other words, use all six years of info for Game 1 to create a Game 1 trend equation. Then repeat for Game 2 through Game 5. Once you have the equation for each of the five games, a forecast can be made for each game across the next two years to give you ten game forecasts. For example: Game 1 Year (x) Attendees (y) x XY 1 2 3 4 5 6 Sum Avg 2. Compute seasonal indices for each game. Use this to adjust the linear trend forecast generated in the previous step for the next ten games. Hint: Use games as "seasons," with the six years of data for each season. 3. Calculate the MAD, MSE, and MAPE. Assume the actual demand for the next ten games is: Actual 2016 Actual 2017 Game 1 Game 2 47,500.00 53,500.00 48,500.00 55,800.00 Game 3 48,500.00 52,800.00 Game 4 37,050.00 38,100.00 Game 5 49,500.00 53,100.00 236,050.00 248,300.00 4. Use the forecast and information in the case on ticket prices to project revenue for the next two seasons. Focus + 111%
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