The following data show the quarterly sales of Amazing Graphics, Inc. for the years 6 through 8. 
a.Compute the four-quarter moving average values for the above time series.
b.Compute the seasonal factors for the four quarters.
c.Use the seasonal factors developed in Part b to adjust the forecast for the effect of season for year 6.
Definitions:
Lost Profits
The potential revenue that a business did not earn due to an interruption, disruption, or another adverse event.
Resale
The act of selling an asset or item that was previously purchased, often occurring in secondary markets or through distributor networks.
Breaches
Incidents where laws, contracts, or promises are violated, leading to legal consequences.
Compensatory Damages
Financial reparations awarded to a plaintiff to compensate for loss, injury, or harm suffered due to the defendant's actions.
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