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Demand for a certain product is forecast to be 800 units per month, averaged over all 12 months of the year. The product follows a seasonal pattern, for which the January monthly index is 1.25. What is the seasonally-adjusted sales forecast for January?

Respuesta :

Explanation:

The given data is as follows.

       Demand for a certain product = 800 units/month

       January monthly index = 1.25

Since, we have to calculate seasonally adjusted sales forecast for January. Hence, it will be calculated as follows.

            Adjusted forecast = Demand × Monthly index

                                           = 800 × 1.25

                                           = 1000

Thus, we can conclude that adjusted forecast for January is 1000 units.

annyksl

The seasonally adjusted sales forecast will be 1000 units.

How can we arrive at this result?

  • We must multiply the value of the forecast demand for the month by the value of the monthly index of the month.

  • So we have the equation:

[tex]800 * 1.25 = 1000[/tex]

As you may already know, demand is the consumer's search for the product, while supply is the amount of product that producers can put on the market.

More information on supply and demand is at the link:

https://brainly.com/question/4804206

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