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QUESTION 1 1 In the Example of Determining Seasonal Index, data from the past 3 years, by month, are available, and seasonal indices are developed
QUESTION
In the Example of Determining Seasonal Index, data from the past years, by month, are available, and seasonal indices are developed as follows:
DEMAND
MONTH
YEAR
YEAR
YEAR
AVERAGE PERIOD DEMAND
AVERAGE MONTHLY DEMAND
SEASONAL INDEX
Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
Total average annual demand
If next years annual demand is instead of what will the March forecasts be
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