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When there is only seasonality (and no trend), the quarterly forecasts for next year can be calculated by using the following equation: Sales t =
When there is only seasonality (and no trend), the quarterly forecasts for next year can be calculated by using the following equation: Salest = 95.0 + 29.0(Qtr1t) + 57.0(Qtr2t) + 26.0 (Qtr3t). The forecast for next year's second quarter is
95 | ||
124 | ||
152 | ||
121 | ||
None of the alternatives is correct. |
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