Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the following sales figures, first calculate and show the quarterly seasonal indices and deseasonalized sales data, both to be used in answering the next

image text in transcribed

Using the following sales figures, first calculate and show the quarterly seasonal indices and deseasonalized sales data, both to be used in answering the next four questions. (Round quarterly averages to one place past the decimal; quarterly seasonal indices to two places past the decimal; and deseasonalized data and final answers to the nearest whole number.) 1. Using the seasonal indices and deseasonalized data, what is the naive sales forecast for the first quarter of the third year? (Show all work and circle correct answer) a.b.4655c.d.5186 2. Using the seasonal indices, deseasonalized data, smoothing constant of .8, and assuming deseasonalized smoothed sales of 77 for the third quarter of the second year, what is the exponential smoothing forecast for the first quarter of the third year? (Show all work and circle correct answer) a.b.4964 c.d.5255 3. Using the seasonal indices and deseasonalized data, what is the two- period moving average forecast for the first quarter of the third year? (Show all work and circle correct answer) a.b.5849 c.d.7455 4. Using the seasonal indices and deseasonalized data, what is the trend projection forecast for the first quarter of the third year? (Show all work and circle correct answer) a. 56 c. 43 b. 51 d. 55 Using the following sales figures, first calculate and show the quarterly seasonal indices and deseasonalized sales data, both to be used in answering the next four questions. (Round quarterly averages to one place past the decimal; quarterly seasonal indices to two places past the decimal; and deseasonalized data and final answers to the nearest whole number.) 1. Using the seasonal indices and deseasonalized data, what is the naive sales forecast for the first quarter of the third year? (Show all work and circle correct answer) a.b.4655c.d.5186 2. Using the seasonal indices, deseasonalized data, smoothing constant of .8, and assuming deseasonalized smoothed sales of 77 for the third quarter of the second year, what is the exponential smoothing forecast for the first quarter of the third year? (Show all work and circle correct answer) a.b.4964 c.d.5255 3. Using the seasonal indices and deseasonalized data, what is the two- period moving average forecast for the first quarter of the third year? (Show all work and circle correct answer) a.b.5849 c.d.7455 4. Using the seasonal indices and deseasonalized data, what is the trend projection forecast for the first quarter of the third year? (Show all work and circle correct answer) a. 56 c. 43 b. 51 d. 55

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Public Finance

Authors: Laurence S. Seidman

1st Edition

0073375748, 978-0073375748

More Books

Students also viewed these Finance questions