Question

The following are historical demand data: YEAR SEASON ACTUAL DEMAND 2 years ago Spring 200 Summer...

The following are historical demand data: YEAR SEASON ACTUAL DEMAND 2 years ago Spring 200 Summer 143 Fall 385 Winter 575 last year Spring 468 Summer 272 Fall 684 Winter 960 Use regression analysis on deseasonalized demand to forecast next summer’s demand. (Round your answer to the nearest whole number.) Forecast for next summer’s demand 236

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Answer #1
Slope 54.54
Intercept 215.45
Year Season Period Actual demand Seasonal averages Seasonal Indices Deseasonalized demand Trendline (using regression) Reseasonalized forecast
1 Spring 1 200 334.0 0.725 275.97 269.99 196
Summer 2 143 207.5 0.450 317.62 324.53 146
Fall 3 385 534.5 1.160 331.97 379.07 440
Winter 4 575 767.5 1.665 345.28 433.61 722
2 Spring 5 468 0.725 645.78 488.14 354
Summer 6 272 460.9 0.450 604.13 542.68 244
Fall 7 684 1.160 589.78 597.22 693
Winter 8 960 1.665 576.47 651.76 1085
3 Spring 9 0.725 706.30 512
Summer 10 0.450 760.84 343
Fall 11 1.160 815.38 946
Winter 12 1.665 869.92 1449

So,

Forecast for next summer’s demand = 343

Calculations

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