Seasonal relatives are 95 for january 101 for february and, Finance Basics

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Seasonal relatives are 95 for january 101 for february and

A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality. She uses the following equation to estimate the trend component of monthly demand: F_t = 50 + 5t, where t = 0 in June of last year. Seasonal relatives are .95 for January, 1.01 for February, and 1.03 for March. What demands should she predict?

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Finance Basics: Seasonal relatives are 95 for january 101 for february and

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Finance Basics: Seasonal relatives are 95 for january 101 for february and

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