Question
Table 2 below displays the demand data for Black Plastic from Specialty Packaging Corporation. Black Plastic is one of the main inputs for recyclable containers.
Table 2 below displays the demand data for Black Plastic from Specialty Packaging Corporation. Black Plastic is one of the main inputs for recyclable containers. The demand listed is in thousand units (e.g., demand in Year 1 Quarter 1 is 2,275,000 units).
Please use the static method for forecasting the demand for years 6 to 8. Assume a mixed form for the systematic component.
Please don't use excel unless you can tell me step by step on how to input it.
PLEASE SHOW ALL WORK
Table 2 - Specialty Packaging Corporation Black Plastic Demand (in Thousand units)
Year | Quarter | Black Plastic Demand ('000 lbs) |
1 | I | 2,275 |
II | 1,780 | |
III | 2,412 | |
IV | 7,269 | |
2 | I | 3,514 |
II | 2,143 | |
III | 3,507 | |
IV | 7,089 | |
3 | I | 4,556 |
II | 2,784 | |
III | 2,573 | |
IV | 8,241 | |
4 | I | 5,491 |
II | 4,379 | |
III | 4,315 | |
IV | 11,955 | |
5 | I | 5,648 |
II | 3,696 | |
III | 4,843 | |
IV | 12,986 |
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