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Using the following table, compute the forecasted demand for quarter 1 in Year 3. Assume that the estimated total demand for year 3 is 2400.
Using the following table, compute the forecasted demand for quarter 1 in Year 3. Assume that the estimated total demand for year 3 is 2400.
| Year 1 | Year 2 | |||
| Quarter | Demand | Seasonal Factor | Demand | Seasonal Factor |
| 1 | 55 | 0.0500 | 70 | 0.0538 |
| 2 | 335 | 0.3045 | 400 | 0.3077 |
| 3 | 520 | 0.4727 | 590 | 0.4538 |
| 4 | 190 | 0.1727 | 240 | 0.1846 |
| Total | 1100 | 1300 | ||
| Average | 275 | 325 |
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74.22
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Management Of Food And Beverage Operations
Authors: Jack D. Ninemeier
6th Edition
0866124772, 9780866124775
