Vandelay Industries manufacturessailboats. Actual demand for their sailboats for each season overthe past four years was as follows:
Complete all parts of this problem inExcel. Clearly identify the responses to each part of thequestion.a. Enter the necessary dataand formulas for this problem into a spreadsheet.b. Use Excel Solver to find the bestestimates for the linear trend line and the seasonal indices forthis data. Provide a screenshot (or Snipping Tool capture) of theSolver Dialog Box.c. Use your estimates of the linear trend line and the seasonalfactors to determine a forecast for sailboat demand for everyseason of the next year (Year 5).
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