The sales volume for the last 7 years is given below by quarterin the following table:
Year | Sales by Quarter |
Q1 | Q2 | Q3 | Q4 |
2013 | 289 | 410 | 301 | 213 |
2014 | 212 | 371 | 374 | 333 |
2015 | 293 | 441 | 411 | 363 |
2016 | 324 | 462 | 379 | 301 |
2017 | 347 | 520 | 540 | 521 |
2018 | 381 | 594 | 573 | 504 |
2019 | 444 | 592 | 571 | 507 |
Determine the values for the typical seasonal indexes and usethem to obtain an estimate of demand for each quarter in 2020? Showall of your work.
