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How to Calculate a Seasonal Index Forecast in Microsoft Excel (Example)

How to calculate a Seasonal Index Forecast in Microsoft Excel. This video only shows how to perform the analysis in MS Excel, the lecture recoding on when to use a seasonal index and the step-by-step process to do this analysis can be found in the full length lecture on this topic in the Chapter 4 playlist. Also, please note the 2019 - 2021 demand we calculated to be 1,128 per year, but the next year's forecast of 2022 was "given" in a different video and it was 1,150. In this example the Season = Monthly. Content derived from from the Textbook "Operations Management, Sustainability and Supply Chain" 13th edition by Jay Heizer, Barry Render and Chuck Munson. Chapter 4 on Forecasting. At www.operationsuniversity.org you can get Free copies of this Slide Deck and other Chapter Outlines. Practice Problems & Homework Support (step by step guides how to complete the quantitative questions + MS Excel templates) are available for a small fee. For membership options on joining the Operations & Supply Chain University community and details on how to get exclusive perks & free products, click the link below:    / @operationsandsupplychain