George Kyparisis owns a company that manufactures sailboats. Actual demand for G

Question

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 Winter Spring Summer Fall 1,400 1,520 1,400 1,600 500 ,020,140 2,020 1,960 640 1,280 1,000 920 770 670 520 George has forecasted that annual demand for his sailboats in year 5 will equal 6,000 sailboat:s 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).

Explanation / Answer

nearest number = 1479

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Excel formualtions

winter spring summer fall 1400 1520 1020 640 1280 1400 2140 770 1000 1600 2020 670 920 1500 1960 520 total 4600 6020 7140 2600 average for all season 1272.5 average for spring 1505 spring index 1.182711 demand for sailboat in 5 year 1478.389

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