Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The manager of Alaina's Garden Center must make the annual purchasing plans for rakes, gloves, and other gardening items. One of the items the company

The manager of Alaina's Garden Center must make the annual purchasing plans for rakes, gloves, and other gardening items. One of the items the company stocks is Fast-Grow, a liquid fertilizer. The sales of this item are seasonal, with peaks in the spring, summer, and fall months. Quarterly demand(in cases) for the past two years is as follows:
Quarter
Year 1
Year 2
1
36
57
2
343
444
3
292
302
4
224
286
Total
895
1,089
If the expected sales for Fast-Grow are
1,268
cases for year3, use the multiplicative seasonal method to prepare a forecast for each quarter of the year. (Round all intermediate calculations to three decimal places.)
Part 2
The first quarter forecast is
enter your response here
cases. (Enter your response rounded to the nearest whole number.)
Part 3
The second quarter forecast is
enter your response here
cases. (Enter your response rounded to the nearest whole number.)
Part 4
The third quarter forecast is
enter your response here
cases. (Enter your response rounded to the nearest whole number.)
Part 5
The fourth quarter forecast is
enter your response here
cases. (Enter your response rounded to the nearest whole number.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David Marshall, Wayne McManus, Daniel Viele

12th edition

978-1260565492

Students also viewed these General Management questions

Question

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

Explain the process of Human Resource Planning.

Answered: 1 week ago