Finding forecasts for all seasons, Microeconomics

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Finding forecasts for all seasons

Assignment:

George Kyparisis ownes a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows:

	Year	Year	Year	Year
Season	1	2	3	4
Winter	1400	1200	1000	900
Spring	1500	1400	1600	1500
Summer	1000	2100	2000	1900
Fall	600	750	650	500

Find the forecasts for all 4 seasons of year 5.

Provide complete and step by step solution for the question and show calculations and use formulas.

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Microeconomics: Finding forecasts for all seasons

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