Generate forecast for total dollar sales company expect

Reference no: EM13148446

The monthly sales volume (in thousands of dollars) for a manufacturer of snow skis is seasonal (there tend to be more skis sold during fall and winter months than during warmer months). The following table shows the monthly seasonal indexes for the company's sales:

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
1.26 1.01 0.92 0.71 0.53 0.48 0.69 0.95 1.23 1.36 1.51 1.36

Using several years of sales data, beginning in May of (i.e., corresponds to May of ), the manufacturer summarized that the trend line that describes the monthly sales (in thousands of dollars) has the form . Assuming that a multiplicative model can be used to describe the sales data, generate a forecast for the total dollar sales the company can expect to receive in July of .

Reference no: EM13148446

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