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Reposting: A plastics manufacturer performed a quarterly time series analysis for demands over the last five years (periods 1 through 20). The analysis resulted in
Reposting: A plastics manufacturer performed a quarterly time series analysis for demands over the last five years (periods 1 through 20). The analysis resulted in the following trend equation and seasonal indexes: Y hat = 920.0 + 22.6 t
1. Based on the seasonal indexes, which quarter is expected to have 4% more demand than predicted by the trend line?
2. What is the demand amount if t=10 by considering quarterly impacts too?
Quarter | Index |
1 | 0.75 |
2 | 1.04 |
3 | 1.21 |
4 | 1.00 |
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