The following data was taken from a Builders Supply Wholesaler that is open only

Question

The following data was taken from a Builders Supply Wholesaler that is open only 5 days a week. If you graph the data you can see the data does exhibit an uphill trend. Using the Centered Moving Average Technique described in the textbook, compute season relatives for each day of the week.


Observation Day of the Week Sales (thousands) Observation Day of the Week Sales (thousands) 1 Mon 36 16 Mon 58 2 Tue 36 17 Tue 57 3 Wed 29 18 Wed 50 4 Thu 38 19 Thu 53 5 Fri 42 20 Fri 57 6 Mon 40 21 Mon 60 7 Tue 42 22 Tue 58 8 Wed 38 23 Wed 54 9 Thu 40 24 Thu 51 10 Fri 51 25 Fri 67 11 Mon 48 26 Mon 60 12 Tue 51 27 Tue 69 13 Wed 33 28 Wed 47 14 Thu 45 29 Thu 57 15 Fri 52 30 Fri 71

Season Relatives:
Monday =

Tuesday =
Wednesday =

Thursday =

Friday =


Format your answer as X.XX Examples: .94 would be written as 0.94 and 1.3 would be written as 1.30 The following data was taken from a Builders Supply Wholesaler that is open only 5 days a week. If you graph the data you can see the data does exhibit an uphill trend. Using the Centered Moving Average Technique described in the textbook, compute season relatives for each day of the week.


Observation Day of the Week Sales (thousands) Observation Day of the Week Sales (thousands) 1 Mon 36 16 Mon 58 2 Tue 36 17 Tue 57 3 Wed 29 18 Wed 50 4 Thu 38 19 Thu 53 5 Fri 42 20 Fri 57 6 Mon 40 21 Mon 60 7 Tue 42 22 Tue 58 8 Wed 38 23 Wed 54 9 Thu 40 24 Thu 51 10 Fri 51 25 Fri 67 11 Mon 48 26 Mon 60 12 Tue 51 27 Tue 69 13 Wed 33 28 Wed 47 14 Thu 45 29 Thu 57 15 Fri 52 30 Fri 71

Season Relatives:
Monday =
Observation Day of the Week Sales (thousands) Observation Day of the Week Sales (thousands) 1 Mon 36 16 Mon 58 2 Tue 36 17 Tue 57 3 Wed 29 18 Wed 50 4 Thu 38 19 Thu 53 5 Fri 42 20 Fri 57 6 Mon 40 21 Mon 60 7 Tue 42 22 Tue 58 8 Wed 38 23 Wed 54 9 Thu 40 24 Thu 51 10 Fri 51 25 Fri 67 11 Mon 48 26 Mon 60 12 Tue 51 27 Tue 69 13 Wed 33 28 Wed 47 14 Thu 45 29 Thu 57 15 Fri 52 30 Fri 71
Tuesday =
Wednesday =

Thursday =

Friday =


Format your answer as X.XX Examples: .94 would be written as 0.94 and 1.3 would be written as 1.30 Observation Day of the Week Sales (thousands) Observation Day of the Week Sales (thousands) 1 Mon 36 16 Mon 58 2 Tue 36 17 Tue 57 3 Wed 29 18 Wed 50 4 Thu 38 19 Thu 53 5 Fri 42 20 Fri 57 6 Mon 40 21 Mon 60 7 Tue 42 22 Tue 58 8 Wed 38 23 Wed 54 9 Thu 40 24 Thu 51 10 Fri 51 25 Fri 67 11 Mon 48 26 Mon 60 12 Tue 51 27 Tue 69 13 Wed 33 28 Wed 47 14 Thu 45 29 Thu 57 15 Fri 52 30 Fri 71

Explanation / Answer

Check out

Chapter 3 - Forecasting (3398.0K) - Bad Request - McGraw-Hill

Link: http://highered.mcgraw-hill.com/sites/dl/free/0073525251/886181/stevenson11e_sample_ch03.pdf

Page number 96 and 97 , example 8A and 8B

Solve in the similar manner.

Hope this helps!!

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