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I using the multiplicative seasonal model, the demand level for George's sailboats in the spring of year 5 will be

I using the multiplicative seasonal model, the demand level for George's sailboats in the spring of year 5 will be

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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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: | Year | Season | 1 | 2 | 3 | 4 | |-------|--------|------|------|------|------| | Winter| | 1,480| 1,240| 1,040| 920 | | Spring| | 1,520| 1,420| 1,600| 1,500| | Summer| | 1,000| 2,100| 2,020| 2,000| | Fall | | 680 | 810 | 690 | 500 | George has forecasted that annual demand for his sailboats in year 5 will equal 5,600 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 _______ sailboats (enter a whole number).
Transcribed Image Text:George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: | Year | Season | 1 | 2 | 3 | 4 | |-------|--------|------|------|------|------| | Winter| | 1,480| 1,240| 1,040| 920 | | Spring| | 1,520| 1,420| 1,600| 1,500| | Summer| | 1,000| 2,100| 2,020| 2,000| | Fall | | 680 | 810 | 690 | 500 | George has forecasted that annual demand for his sailboats in year 5 will equal 5,600 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 _______ sailboats (enter a whole number).
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