3. Joe's Equipment Distributors sells "Low and Loud" brand lawnmowers. Total demand in 2021 is expected to be 2000 units. Given the historical sales figures listed below, derive a forecast for each quarter in 2021. (Please show work and use Excel for the Forecast, thank you!) 2018 2019 2020 Fall Winter Spring Summer Total: 50 150 500 400 2021 80 450 600 490 Average: a) Fall = 134.5, Winter = 421, Spring =790.0, Summer =654.0 b) Fall = 102.0, Winter = 451, Spring =776.5, Summer =670.5 c) Fall = 104.5, Winter = 455, Spring =780.0, Summer =662.5 d) Fall = 115.5, Winter = 457, Spring =795.0, Summer =632.5 e) Fall = 104.5, Winter = 451, Spring =790.5, Summer =654.0 120 510 700 610

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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3. Joe's Equipment Distributors sells "Low and Loud" brand lawnmowers. Total
demand in 2021 is expected to be 2000 units. Given the historical sales figures listed
below, derive a forecast for each quarter in 2021. (Please show work and use Excel
for the Forecast, thank you!)
2018
2019
2020
Fall
Winter
Spring
Summer
Total:
50
150
500
400
2021
80
450
600
490
Average:
a) Fall = 134.5, Winter = 421, Spring =790.0, Summer =654.0
b) Fall = 102.0, Winter = 451, Spring =776.5, Summer =670.5
c) Fall = 104.5, Winter = 455, Spring =780.0, Summer =662.5
d) Fall = 115.5, Winter = 457, Spring =795.0, Summer =632.5
e) Fall = 104.5, Winter = 451, Spring =790.5, Summer =654.0
120
510
700
610
Transcribed Image Text:3. Joe's Equipment Distributors sells "Low and Loud" brand lawnmowers. Total demand in 2021 is expected to be 2000 units. Given the historical sales figures listed below, derive a forecast for each quarter in 2021. (Please show work and use Excel for the Forecast, thank you!) 2018 2019 2020 Fall Winter Spring Summer Total: 50 150 500 400 2021 80 450 600 490 Average: a) Fall = 134.5, Winter = 421, Spring =790.0, Summer =654.0 b) Fall = 102.0, Winter = 451, Spring =776.5, Summer =670.5 c) Fall = 104.5, Winter = 455, Spring =780.0, Summer =662.5 d) Fall = 115.5, Winter = 457, Spring =795.0, Summer =632.5 e) Fall = 104.5, Winter = 451, Spring =790.5, Summer =654.0 120 510 700 610
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