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Please put in Microsoft Excel format as needed and please provide thorough explanations and solutions/answers and attach a Microsoft Excel file. Thank you!
Tuscon Machinery, Inc. manufactures numerically controlled machines, which sell for an average of $0.5 million each. Sales for these NCMs for the past two years were as follows:
Quarter Quarter Quarter
Last Year Quantity (Units) This Year Quantity (Units)
1 12 I 16
II 18 II 24
III 26 III 28
IV 16 IV 18
a. Find a line using regression in Excel.
b. Find the trend and seasonal factors.
c. Forecast sales for next year.
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