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Apeejay Institute of Technology *

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MISC

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Economics

Date

Nov 24, 2024

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docx

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1

Uploaded by AmbassadorComputer10264

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1. To forecast sales for each quarter of year 4 using the moving average approach with a trend and seasonal factor, you can use the following steps : Calculate the 4 period-centered moving averages for each quarter ( Year 4, Quarter 1, 2, 3, 4) from the available data. Calculate the trend component (T) by taking the difference between the 4 period- centered moving averages. Calculate the seasonal factor (S) by taking the ratio of the actual sales to the trend component for each corresponding quarter. Forecast sales for Year 4, Quarter 1 by multiplying the trend component (T) and seasonal factor (S) for Quarter 1. Repeat the same process for Year 4, Quarter 2, 3 and 4. Explanation: Now, you can calculate the specific values based on the data and perform the calculations for each quarter to obtain the forecasts. If you encounter any specific numbers or need further assistance with the calculations, feel free to provide them and I can assist you further.
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