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Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $12.0...

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Finance

Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $12.0 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10.

QUARTER LAST YEAR QUANTITY (UNITS) QUARTER THIS YEAR QUANTITY (UNITS)
I 12 I 18
II 18 II 24
III 26 III 28
IV 16 IV 21

A.

Find the equation of a simple linear regression line using Excel.

Note: Round your answers to 3 decimal places.

Y= + T

B.

Compute trend and seasonal factor from a linear regression line obtained with Excel.

Note: Do not round intermediate calculations. Round your answers to 3 decimal places.

Period Trend Forcast Seasonal Factors
Last Year 1
2
3
4
5
This year 1
2
3
4
5

C.

Forecast sales for next year using the above seasonal factors.

Note: Do not round intermediate calculations. Round your answers to 2 decimal places.

Period Forecast(Units)
Next year 1
2
3
4

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