Share
Explore BrainMass

Quantitative Analysis

Please help with the following problem involving strategy and business analysis.

5-33 Management of Davis's Department Store has used time-series extrapolation to forecast retail sales for the next four quarters. The sales estimates are $100,000$, 120,000$, 140,000 and $160,000 for the respective quarters before adjusting for seasonality. Seasonal indices for the four quarters have been found to be 1.30, 0.90, 0.70, and 1.10, respectively. Compute a seasonalized or adjusted sales forecast.

Attachments

Solution Preview

Problem: 5-33 Management of Davis's Department Store has used time-series extrapolation to forecast retail sales for the next four quarters. The sales estimates are $100,000$, 120,000$, 140,000 and $160,000 ...

Solution Summary

The solution is very easy to understand and concise. It is an excellent response for students who want to understand the concepts and then use the same concepts to solve similar problems in the future. Overall, an excellent response. The solution provides the necessary steps which are easy to follow.

$2.19