Suppose that the following are the quarterly sales data for the past 7 years. 1.Construct a time...

60.1K

Verified Solution

Question

Operations Management

Suppose that the following are the quarterly sales data for thepast 7 years.

1.Construct a time series plot and develop linear trend equationusing the original data (with seasonal components).

2.Calculate 4-quarter moving average values for this time series(column E).

3.Calculate centered moving average values and seasonal indexes(column F and G).

4.Calculate seasonal indexes (column J) for the fourquarters.

5.Copy seasonal indexes (column J) to column O, and calculatedeseasonalized number sold (column P).

6.Construct a time series plot and develop linear trend equationusing the deseasonalized data (without seasonal components).

Year

Number Sold

1

35

2

50

3

75

4

90

5

105

6

110

7

130

Year

Quarter

Number
Sold

1

1

6

2

15

3

10

4

4

2

5

10

6

18

7

15

8

7

3

9

14

10

26

11

23

12

12

4

13

19

14

28

15

25

16

18

5

13

22

14

34

15

28

16

21

6

13

24

14

36

15

30

16

20

7

13

28

14

40

15

35

16

27

Answer & Explanation Solved by verified expert
4.2 Ratings (719 Votes)
ComputationsResultYrQtrNumber SoldTrendline to original dataMA4CMASeasonal indicesQtrSeasonal indicesSeasonal indices normalizedSeasonal indices normalizedDeseasonalized dataTrendline to deseasonalized    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students