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Operations Management
Thamer Almutairi, owner of Almutairi's DepartmentStore, has used time-series extrapolation to forecast retail sales forthe next 4 quarters. The sales estimates are $120,000, $140,000,$160,000, and $180,000 for the respective quarters. Seasonal indicesfor the 4 quarters have been found to be 1.25, .90, .75, and 1.10,respectively. Compute a seasonalized or adjusted sales forecast.

Thamer Almutairi, owner of Almutairi's DepartmentStore, has used time-series extrapolation to forecast retail sales forthe next 4 quarters. The sales estimates are $120,000, $140,000,$160,000, and $180,000 for the respective quarters. Seasonal indicesfor the 4 quarters have been found to be 1.25, .90, .75, and 1.10,respectively. Compute a seasonalized or adjusted sales forecast.

Practical Management Science
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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Thamer Almutairi, owner of Almutairi's Department
Store, has used time-series extrapolation to forecast retail sales for
the next 4 quarters. The sales estimates are $120,000, $140,000,
$160,000, and $180,000 for the respective quarters. Seasonal indices
for the 4 quarters have been found to be 1.25, .90, .75, and 1.10,
respectively. Compute a seasonalized or adjusted sales forecast.
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