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Please clearly write your reasoning. 11. A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and
Please clearly write your reasoning.
11. 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=70+5t, where t=0 in June of last year. Seasonal relatives are 1.10 for January, 1.02 for February, and .95 for March. What demands should she predictStep by Step Solution
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