Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

15 of 21 (14 complete) N Score: 61.79%, 33.98 of .. core: 0 of 2 pts roblem 4.25

ID: 3045549 • Letter: 1

Question

15 of 21 (14 complete) N Score: 61.79%, 33.98 of .. core: 0 of 2 pts roblem 4.25 Question Help | In the past, Peter Kelle's tire dealership in Baton Rouge sold an average of 1,000 radials each year. In the past 2 years, 200 and 240, respectively were sold in fall, 340 and 310 in winter, 140 and 175 in spring, and 320 and 275 in summer. With a major expansion planned, Kelle projects sales next year to increase to 1,200 radials. Based on next years projected sales, the demand for each season is going to be (enter your responses as whole numbers) Season Demand Fall Enter your answer in the answer box and then click Check Answer parts remaining Clear All Check Answer

Explanation / Answer

Focusing on the demand for the season : Fall ----> (Since that's what the question asks)

In the past 2 years, 200 and 240 radials were sold in Fall amounting to a total of 1000 radials each of the two years.

Let's take an average of 200 and 240 radials to help us predict fall demand. (We can do this because there were 1000 radials sold both the two years)

Average = 220 for a total of 1000 radials

Therefore ----> (Ratio of seasonal demand to total demand should be equal)

220/1000 = R/1200

R = 220 x 1200 / 1000 = 264

Answer: Therefore, the demand for Fall based on the current trend is 264 radials.

Cheers!

Upvote if this was helpful.

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote