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.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Answer the given question with proper explanation and step by step solution.
Transcribed Image Text: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
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