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The following table shows a tool and die companys quarterly sales for the current year. What sales would you predict for the first quarter of
The following table shows a tool and die companys quarterly sales for the current year. What sales would you predict for the first quarter of next year? Quarter relatives are SR1= .97, SR2 = .94, SR3 = 1.20, and SR4 = .89. For the trend forecast (T), add the difference between quarter 3 and quarter 4's deseasonalized sales data to the deseasonalized quarter 4 sales. (Round your answer to 1 decimal place.)
Quarter | 1 | 2 | 3 | 4 |
Sales | 97.0 | 91.3 | 92.4 | 115.7 |
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