3. Joe's Equipment Distributors sells "Low and Loud" brand lawnmowers. Total demand in 2021 is expected to be 2000 units. Given the historical sales figures listed below, derive a forecast for each quarter in 2021. (Please show work and use Excel for the Forecast, thank you!) 2018 2019 2020 Fall Winter Spring Summer Total: 50 150 500 400 2021 80 450 600 490 Average: a) Fall = 134.5, Winter = 421, Spring =790.0, Summer =654.0 b) Fall = 102.0, Winter = 451, Spring =776.5, Summer =670.5 c) Fall = 104.5, Winter = 455, Spring =780.0, Summer =662.5 d) Fall = 115.5, Winter = 457, Spring =795.0, Summer =632.5 e) Fall = 104.5, Winter = 451, Spring =790.5, Summer =654.0 120 510 700 610
3. Joe's Equipment Distributors sells "Low and Loud" brand lawnmowers. Total demand in 2021 is expected to be 2000 units. Given the historical sales figures listed below, derive a forecast for each quarter in 2021. (Please show work and use Excel for the Forecast, thank you!) 2018 2019 2020 Fall Winter Spring Summer Total: 50 150 500 400 2021 80 450 600 490 Average: a) Fall = 134.5, Winter = 421, Spring =790.0, Summer =654.0 b) Fall = 102.0, Winter = 451, Spring =776.5, Summer =670.5 c) Fall = 104.5, Winter = 455, Spring =780.0, Summer =662.5 d) Fall = 115.5, Winter = 457, Spring =795.0, Summer =632.5 e) Fall = 104.5, Winter = 451, Spring =790.5, Summer =654.0 120 510 700 610
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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