Solution) Suppose you are given the following demand and forecast data for the last four quarters. QUARTER


Question: Suppose you are given the following demand and forecast data for the last four quarters.

QUARTER DEMAND FORECAST
Winter 285 250
Spring 315 300
Summer 300 350
Fall 400 400

Develop a seasonal index for each of the quarters. Does the fall quarter really need a seasonal adjustment index, Explain?

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