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Bell Greenhouses has estimated its monthly demand for potting soil to be the following N = 400 + 4X Assume this trend factor is expected to remain stable in the foreseeable future. The following table...

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Bell Greenhouses has estimated its monthly demand for potting soil to be the following

N = 400 + 4X

Assume this trend factor is expected to remain stable in the foreseeable future. The following table contains the monthly seasonal adjustment factors, which have been estimated using actual sales data from the past five years:

a. Forecast Bell Greenhouses’ demand for potting soil in March, June, August, and December 2007.

b. If the following table shows the forecasted and actual potting soil sales by Bell Greenhouses for April in five different years, determine the seasonal adjustment factor to be used in making an April 2008 forecast.

 

Answered Same Day Dec 25, 2021

Solution

David answered on Dec 25 2021
119 Votes
Bell Greenhouses has estimated its monthly demand for potting soil to be the following
N = 400 + 4X
Assume this trend factor is expected to remain stable in the foreseeable future. The following table contains the monthly
seasonal adjustment factors, which have been estimated using actual sales data from the past five years:

a....
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