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  • Savings Mart A Chain of Discount Department Stores Sells Patio

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    Miroslav Gegoski
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    Savings-Mart is a chain of discount department stores that sells patio and lawn furniture. Sales are seasonal, with higher sales in the spring and summer and lower sales in the fall and winter. The company developed a quarterly sales forecasting model to predict sales ($million) based on time period, seasonal indicators, and a base sales amount.

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    Savings Mart a Chain of Discount Department Stores Sells Patio

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    Savings Mart a Chain of Discount Department Stores Sells Patio

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    Savings-Mart is a chain of discount department stores that sells patio and lawn furniture. Sales are seasonal, with higher sales in the spring and summer and lower sales in the fall and winter. The company developed a quarterly sales forecasting model to predict sales ($million) based on time period, seasonal indicators, and a base sales amount.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    83 views1 page

    Savings Mart A Chain of Discount Department Stores Sells Patio

    Uploaded by

    Miroslav Gegoski
    Savings-Mart is a chain of discount department stores that sells patio and lawn furniture. Sales are seasonal, with higher sales in the spring and summer and lower sales in the fall and winter. The company developed a quarterly sales forecasting model to predict sales ($million) based on time period, seasonal indicators, and a base sales amount.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    Savings Mart a chain of discount department stores sells

    patio #9521
    Savings Mart a chain of discount department stores sells patio

    Savings-Mart (a chain of discount department stores) sells patio and lawn furniture. Sales are
    seasonal, with higher sales during the spring and summer quarters and lower sales during the
    fall and winter quarters. The company developed the following quarterly sales forecasting
    model:
    ?t = 8.25 + 0.125t ? 2.75D1t + 0.25D2t + 3.50D3t
    where ?t = predicted sales ($million) in quarter t
    8:25 = quarterly sales ($million) when t = 0
    t = time period (quarter) where the fourth quarter of 2002 = 0, first quarter of 2003 = 1, second
    quarter of 2003 = 2 . . .

    Forecast Savings-Mart’s sales of patio and lawn furniture for each quarter of 2010. 10.

    Savings Mart a chain of discount department stores sells patio

    ANSWER
    http://paperinstant.com/downloads/savings-mart-a-chain-of-discount-department-stores-sells-
    patio/

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