Cannister, Inc., specializes in the manufacture of plastic containers. The data on the monthly…

Cannister, Inc., specializes in the manufacture of plastic containers. The data on the monthly sales of 10-ounce shampoo bottles for the past 5 years are as follows:

a. Using the multiplicative seasonal method, calculate the monthly seasonal indices.

b. Develop a simple linear regression equation to forecast annual sales. For this regression, the dependent variable, , is the demand in each year and the independent variable, , is the index for the year , and so on until  for year 5).

c. Forecast the annual sales for year 6 by using the regression model you developed in part (b).

d. Prepare the seasonal forecast for each month by using the monthly seasonal indices calculated in part (a).