Question

George Kyparisis owns a company that manufactures sailboats. Actual demand for Georges sailboats during each of the past four seasons was as follows Year Season Winter Spring Summer Fall 1,400 1,500 1,040 600 2 1,200 1,420 2,120 770 1,080 1,620 2,000 650 4 960 1,500 2,000 520 George has forecasted that annual demand for his sailboats in year 5 will equal 5,600 sailboats Based on the given data and using the multiplicative seasonal model, the demand level for Georges sailboats in the spring of year 5 will be sailboats (enter a whole number)

George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows:

Year 

Season1234
Winter1,4001,2001,080960
Spring1,5001,4201,6201,500
Summer1,0402,1202,0002,000
Fall600770650520

George has forecasted that annual demand for his sailboats in year 5 will equal 5,600 sailboats. 

Based on the given data and using the multiplicative seasonal model, the demand level for George's sailboats in the spring of year 5 will be _______ sailboats (enter a whole number)

0 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1
Season Year 1 Year 2 Year 3 Year 4 Avg Yearly Demand Avg Monthly Demand Year 5
Winter    1,400.00    1,200.00    1,080.00       960.00                           1,160.00    1,273.75           0.91    1,274.98
Spring    1,500.00    1,420.00    1,620.00    1,500.00                           1,510.00    1,273.75           1.19    1,659.67
Summer    1,040.00    2,120.00    2,000.00    2,000.00                           1,790.00    1,273.75           1.41    1,967.42
Fall       600.00       770.00       650.00       520.00                               635.00    1,273.75           0.50       697.94
Total Average Annual Demand 5095    5,600.00
Add a comment
Answer #2

George Kyparisis owns a company that manufactures sailboats.  Actual demand for George's sailboats during each of the past four seasons was as follows:

Year  

George has forecasted that annual demand for his sailboats in year 5 will equal

sailboats.

Based on the given data and using the multiplicative seasonal model, the demand level for George's sailboats in the spring of year 5 will be

nothing

sailboats (enter a whole

number).

Add a comment
Know the answer?
Add Answer to:
George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Problem 4.26 P Question Help George Kyparisis owns a company that manufactures sailboats. Actual demand for...

    Problem 4.26 P Question Help George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: Year Season 1 2 3 4 Winter 1,440 1.280 1,000 960 Spring 1,500 1.440 1,620 1,540 Summer 1,020 2,140 2,020 1,960 Fall 600 750 650520 George has forecasted that annual demand for his sailboats in year 5 will equal 6,500 sailboats. Based on the given data and using the multiplicative seasonal model,...

  • George Kyparisis owns a company that manufactures sailboats. Actual demand for​ George's sailboats during each of...

    George Kyparisis owns a company that manufactures sailboats. Actual demand for​ George's sailboats during each of the past four seasons was as​ follows:                                                                                                             Year                                   Season 1 2 3 4 Winter 1 comma 4801,480 1 comma 2001,200 1 comma 0801,080 960960 Spring 1 comma 5601,560 1 comma 4201,420 1 comma 6201,620 1 comma 5801,580 Summer 1 comma 0401,040 2 comma 1202,120 2 comma 0002,000 1 comma 9601,960 Fall 600600 750750 690690 520520 George has forecasted that annual demand for his...

  • George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of...

    George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: George has forecasted that annual demand for his sailboats in year 5 will equal 6,500 sailboats. Based on the given data and using the multiplicative seasonal model, the demand level for George's sailboats in the spring of year 5 will be _______ sailboats (enter a whole number).

  • Vandelay Industries manufactures sailboats. Actual demand for their sailboats for each season over the past four...

    Vandelay Industries manufactures sailboats. Actual demand for their sailboats for each season over the past four years was as follows: YEAR SEASON 1 2 3 4 Winter 1,400 1,200 1,000 900 Spring 1,500 1,400 1,600 1,500 Summer 1,000 2,100 2,000 1,900 Fall 600 750 650 500 Complete all parts of this problem in Excel. Clearly identify the responses to each part of the question. a. (20 pts) Download ForecastSolver.xlsx from BbLearn and save it on your computer. Open the file...

  • Mark Cotteleer owns a company that manufacturers canoes. Actual demand for Mark’s canoes during each season...

    Mark Cotteleer owns a company that manufacturers canoes. Actual demand for Mark’s canoes during each season in 2012 through 2015 was as follow. Based on this data and the additive seasonal model, what will the demand level be for Mark’s canoes in the spring of 2017. Year Season 2012 2013 2014 2015 Winter 1400 1200 1000 900 Spring 1500 1400 1600 1500 Summer 1000 2100 2000 1900 Fall 600 750 650 500 You can use excel to solve this problem

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT