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A two year sales history by quarter for a seasonal product is given below.
Sales Quarter First Year Second Year
1 30 42
2 48 58
3 60 74
4 35 44
a) Using Winter's method, forecast the quarterly sales for the third year.
b) Assume that the actual sales for the first quarter of year 3 is 48 units. What is the revised forecast for the second quarter of the third year? Use a=?=?=0.2.
c) Assume the following actual sales occurred during third year.
Data collected on the monthly demand for lawn mower at Azaka Gaarden Supply are shown in the following table Period Demand for lawn mower January 10 February 12 March 18 April 16 M
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