Maurice Tutor

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Category > Management Posted 29 Sep 2017 My Price 7.00

demand for potting soil

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.

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Sep 2017 12:09 AM My Price 7.00

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