Sells and installs spas wants to prepare forecast

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Reference no: EM131481960

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: Ft = 70 + 4t, where t = 0 in June of last year. Seasonal relatives are 1.10 for January, .89 for February, and .95 for March. What demands should she predict? (Round your answers to 2 decimal places.)

Month Forecast

January of the next year

February of the next year

March of the next year

Reference no: EM131481960

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