Use This Information to Answer the Following Questions -Refer to the Table Above

question 25

Essay

Use this information to answer the following questions.
A hot dog stand owner has collected the following time series data on the number of hot dogs sold over the last 12 quarters.
$$\begin{array} { | c | c | c | } \hline \text { Year } & \text { Quarter } & \text { Demand } \\\hline 1 & \text { Winter } & 29 \\\hline 1 & \text { Spring } & 65 \\\hline 1 & \text { Summer } & 56 \\\hline 1 & \text { Fall } & 45 \\\hline 2 & \text { Winter } & 23 \\\hline 2 & \text { Spring } & 57 \\\hline 2 & \text { Summer } & 48 \\\hline 2 & \text { Fall } & 32 \\\hline 3 & \text { Winter } & 14 \\\hline 3 & \text { Spring } & 55 \\\hline 3 & \text { Summer } & 52 \\\hline 3 & \text { Fall } & 25 \\\hline\end{array}$$
-Refer to the table above.Using a multiplicative decomposition model,forecast the next four quarterly sales data.

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Definitions:

Rightfully Rejects

A term referring to the legal right of a party to refuse acceptance of goods or services that do not meet the agreed-upon specifications or contract terms.

Nonconforming Goods

Products delivered under a contract that do not meet the specifications or quality standards agreed upon.

Resell

The act of selling an item that one has previously bought to another buyer.

Wrongfully Refuses

Refers to an unjust or unauthorized act of denying or rejecting something that is due or deserved.