Estimate demand for periods

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A coffee shop owner wants to estimate demand for the next four quarters for hot chocolate. Sales data consist of trend and seasonality. Quarter relatives are 1.02 for the first quarter, 1.01 for the second quarter, 0.63 for the third quarter, and 1.34 for the fourth quarter. Using the appropriate values of quarter relatives and the equation Ft = 141 + 7.2t for the trend component, estimate demand for periods 9-12. (Round all calculations to two decimal points.)

Reference no: EM132827018

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