In: Finance
The sales trend has been modeled as: Sales=3.00 * t + 122.00, where t = time in quarters, beginning in Q1 2015. Seasonality for the four quarterly periods is given in the table below. Find the seasonalized forecast for Q1 of 2017.
Quarter | Seasonal Factor |
Quarter #1 | 1.10 |
Quarter #2 | 0.9000 |
Quarter #3 | 0.9000 |
Quarter #4 |
Answer format: Number: Round to: 1 decimal places.
1.
De-seasonalized forecast for Qtr 1 2017 = 3 * t + 122 = 3*9+122= 149
Seasonalized forecast for Qtr 1 2017 = 149 * SI for Qtr 1 = 149*1.1 = 163.9