1.Suppose we expected the third year’s annual demand for answering machines to be 1,200 units, which...

1.Suppose we expected the third year’s annual demand for answering machines to be 1,200 units, which is 100 per month. We would not forecast each month to have a demand of 100, but we would adjust these based on the seasonal indices as follows.Calculate the seasonal indices.

2) Determine the magnitude of the seasonal ratio of the average quarter centered at that time period.

Quarterly Sales ($1,000,000s) for Turner Industries
Quarter	Year 1	Year 2	Year 3	Average
1	108	116	123	115.67
2	125	134	142	133.67
3	150	159	168	159
4	141	152	165	152.67
Average	131	140.25	149.5	140.25

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orchestra answered 2 years ago

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