4.26 A logistics company has been in business for years and wants to develop monthly indicesve for four quantities for these years are shown in the table below. monthly a) Develop monthly indices. b) Estimate next year’s forecast for the months of A and December, assuming that the annual inventory will be 1,500 units. pril, July, quantity Inventory Quantities (thousands of units) YEAR 2 YEAR 3 YEAR4 82 MONTHYEAR 1 82 70 85 91 82 78 90 90 82 84 82 90 123 Mar 119 120 89 100 89 86 80 75 78 Jun 78 93 120 78 89 100 86 Jul Oct Nov Dec 103 92 84 83 82 80 82 100

25 0

Get full Expert solution in seconds

$1.97 ONLY

Unlock Answer

EXPERT ANSWER