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The manager at a car dealership wants to prepare forecasts for next year s quarterly car sales at his dealership. He assumes that the quarterly

The manager at a car dealership wants to prepare forecasts for next years quarterly car sales at his dealership. He assumes that the quarterly sales would be best estimated by a combination of trend and seasonality with a multiplicative relationship. He plans to use the equation of Ft =700+5t to estimate the trend, where t =0 refers to the first quarter (Q1) of the current year. The seasonal relatives are 0.95 for Q1,0.87 for Q2,1.12 for Q3, and 1.34 for Q4.
Use this scenario to answer Questions 811.

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