Finding forecasts for all seasons


Assignment:

George Kyparisis ownes a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows:


Year Year Year Year
Season 1 2 3 4
Winter 1400 1200 1000 900
Spring 1500 1400 1600 1500
Summer 1000 2100 2000 1900
Fall 600 750 650 500

Find the forecasts for all 4 seasons of year 5.

Provide complete and step by step solution for the question and show calculations and use formulas.

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Microeconomics: Finding forecasts for all seasons
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