ASAP The average demand for January has been 100 and the average annual demand has been 1000.Calculate the seasonal index for January. If the company forecasts annual demand for next year at2000 units, what is the forecast for January next year?

Given - Demand for January = 100 units Average annual demand = 1000 units

Answered: The average demand for January has been…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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The average demand for January has been 100 and the average annual demand has been 1000. Calculate the seasonal index for January. If the company forecasts annual demand for next year at 2000 units, what is the forecast for January next year?