1. The seasonal factors (also known as indices) for the first three quarters for the demand of snow blowers are 0.66,1.02,1.36. What is the seasonal factor for quarter 4? 2. If the quarterly seasonal indices for the second, third and fourth quarter are 0.67,0.98, and 1.37, then the First quarter seasonal index is:
3. The Monthly indexes for the first 12 months are: 1.25, 1.25, 1, 1, .75, .75, .7, .8, .8, 0.57,1.05. What is the index for the last month?
#9The sales trend has been modeled as: Sales=3.00 * t + 100.00, 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