Answered: George Kyparisis owns a company that…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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 1 2 3 4
Winter 1,400 1,240 1,080 920
Spring 1,520 1,420 1,640 1,540
Summer 1,000 2,140 2,040 1,960
Fall 600 750 650 520

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 nothing sailboats (enter a whole number).

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