Time-series extrapolation to forecast retail sales


Management of Davis's Department Store has employed time-series extrapolation to forecast retail sales for the next four quarters. The sales estimates are $100,000, $120,000, $140,000, and $160,000 for the respective quarters before adjusting for seasonality. Seasonal indices for the four quarters have been found to be 1.30, 0.90, 0.70, and 1.10, respectively. Compute a seasonalized or adjusted sales forecast.

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Time-series extrapolation to forecast retail sales
Reference No:- TGS0873758

Expected delivery within 24 Hours