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George Kyparisis owns a company that manufactures sailboats. Actual demand for​ George's sailboats during each of the past four seasons was as​ follows:
Season           1            2            3                 4
Winter          1440       1280       1000          900
Spring          1500       1420       1620          1540
Summer       1 000      2120       2020          2 000
Fall               600         810         670           520
George has forecasted that annual demand for his sailboats in year 5 will equal 6500 sailboats.
1. 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).

Answer :

Answer:

1. The demand level for​ George's sailboats in the spring of year 5 will be 1500 sailboats.

Explanation:

George Kyparisis Company’s past four season’s demand for sailboats is given. To calculate 5th year demand using multiplicative seasonal model,

Sum of Sailboats demands in spring season in past 4 years / 4

(1500 + 1400 + 1600 + 1500) / 4

= 1500.

This is sailboats demand which is calculated for the season of spring in 5th year.  

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