Forecasting Methods© BrainMass Inc. brainmass.com October 25, 2018, 2:36 am ad1c9bdddf
The ratio-to trend method is applied.
Ratio to moving average/seasonal index
An analyst wants to use the ratio-to-moving average method to forecast a company's sales for the next few months. Beginning in March of , the analyst collects the following sales data (in millions of dollars).
Estimate the seasonal index associated with July. Round your answer to at least three decimal places.View Full Posting Details