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Monthly usage data for pallets used in a distribution center are as follows: table [ [ Month , 1 , 2 , 3 ,
Monthly usage data for pallets used in a distribution center are as follows:
tableMonthJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
Click here for the Excel Data File
a Calculate the monthly usage index for each month.
b Use simple linear regression to forecast total usage of pallets for year
c Forecast the seasonally adjusted usage for pallets for each month in year
Required A
Required B
Required
Calculate the monthly usage index for each month.
Note: Do not round intermediate calculations. Round your answers to decimal places.
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