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Forecasting Demand Each Season

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1000 tires sold on average each of the past few years.

the past 2 years 200 and 250 respectively in the fall season, 300 and 350 in the winter season, 150 and 165 in the spring season, and 300 and 285 in the summer season.

Projected sales next year are 1200.

What will the demand be each season?

I would like this in an excel file.

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Solution Summary

Excel spreadsheet showing calculations to find demand in the future of a tire company.

$2.19
See Also This Related BrainMass Solution

Forecast inventory for next year

Winter Historical Inventory Data

Typical Seasonal Demand for Winter Highs

Actual Demands (in units)

Month Year 1 Year 2 Year 3 Year 4 Forecast
1 55,200 39,800 32,180 62,300
2 57,350 64,100 38,600 66,500
3 15,400 47,600 25,020 31,400
4 27,700 43,050 51,300 36,500
5 21,400 39,300 31,790 16,800
6 17,100 10,300 31,100 18,900
7 18,000 45,100 59,800 35,500
8 19,800 46,530 30,740 51,250
9 15,700 22,100 47,800 34,400
10 53,600 41,350 73,890 68,000
11 83,200 46,000 60,200 68,100
12 72,900 41,800 55,200 61,100
Avg.

Convert the data from your chosen source into an index.

Use the time series data from your index to forecast inventory for next year.

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