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The Jersey Store is a store that exclusively sells sports jerseys. These tend to have significant seasonality depending on the sport. For instance, the sales
The Jersey Store is a store that exclusively sells sports jerseys. These tend to have significant seasonality
depending on the sport. For instance, the sales for basketball jerseys peak in spring months, whereas more
football jerseys are usually sold in the fall. It makes it difficult to forecast quarterly demand for such
products having seasonality. The sales manager of The Jersey Store needs your help in this regard.
The following table shows the sales in thousands of their basketball jerseys from to by quarter.
Quarter
Winter
Spring
Summer
Fall
Total
a What method would you use to calculate this? Why?
b Calculate the forecast for
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