ListenIf your forecast for 2022 is 40, using the seasonal index below, what is your forecastfor 2nd quarter of 2022?Seasonal ForecastIndex2022Q11.1Q21.2Q30.9Q40.8Total4040/1.2(40/4)*1.2O (40/4)/1.240*1.2

Seasonal forecast = Forecast for a period * Seasonal index of that period Given, Total forecast = 40…

Answered: If your forecast for 2022 is 40, using…

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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If your forecast for 2022 is 40, using the seasonal index below, what is your forecast for 2nd quarter of 2022? Seasonal Forecast Index 2022 Q1 1.1 Q2 1.2 Q3 0.9 Q4 0.8 Total 40 O 40/1.2 O (40/4)*1.2 O (40/4)/1.2 O 40*1.2

If your forecast for 2022 is 40, using the seasonal index below, what is your forecast for 2nd quarter of 2022? Seasonal Forecast Index 2022 Q1 1.1 Q2 1.2 Q3 0.9 Q4 0.8 Total 40 O 40/1.2 O (40/4)1.2 O (40/4)/1.2 O 401.2