The company VID-CO-19 has manufactured swim suits for men, women, and children for 10 years. The company is located in Boston, Massachusetts. Swim suits have always had a higher demand during the months of April, May, June, July, August, and September. The demand has always been lower during the months of October, November, December, January, February, and March. The real demand, based on sales of year 20X1 is the following (it starts with December of the previous year); Period Bimester Demand Season Average 100 1 = 2 = 1 4 5 X 6 December-January February-March April-May line lu June-July August-September October-November 200 500 900 2000 3,000 4,000 300 90 180 2 910 2,100 4,900 350 VID-CO-19 has hired you as an Operations Management expert to help them to forecast demand for year 20X2 using the Linear Regression Method. What is the TOTAL "seasonalized" or "deseasonalized' forecasted demand for Quito-Ecuador in year 20X2? (write your answer rounded to two decimals)
The company VID-CO-19 has manufactured swim suits for men, women, and children for 10 years. The company is located in Boston, Massachusetts. Swim suits have always had a higher demand during the months of April, May, June, July, August, and September. The demand has always been lower during the months of October, November, December, January, February, and March. The real demand, based on sales of year 20X1 is the following (it starts with December of the previous year); Period Bimester Demand Season Average 100 1 = 2 = 1 4 5 X 6 December-January February-March April-May line lu June-July August-September October-November 200 500 900 2000 3,000 4,000 300 90 180 2 910 2,100 4,900 350 VID-CO-19 has hired you as an Operations Management expert to help them to forecast demand for year 20X2 using the Linear Regression Method. What is the TOTAL "seasonalized" or "deseasonalized' forecasted demand for Quito-Ecuador in year 20X2? (write your answer rounded to two decimals)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 29P: The file P13_29.xlsx contains monthly time series data for total U.S. retail sales of building...
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