Quarter 2016 2017 2018 2019 Summer 57 60 65 64 Autumn 51 56 60 62 Winter 50 53 58 58 Spring 56 61 68 70
The marketing manager of a company that manufactures and distributes farming equipment (such as combined harvesters, ploughs and tractors) recorded the number of farming units sold quarterly for the period 2016 to 2019. Using the four period moving average and sequential numbering system starting with x=1 in period 1.
determine the following :
a) median seasonal index of summer:
b) median seasonal index of spring:
c) total median seasonal index:
d) the adjustment factor:
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A Small Introduction about Manufactures
- Manufacturing is the method involved with transforming unrefined components or parts into completed merchandise using instruments, human work, apparatus, and compound handling.
- Most products were high quality utilizing human work and essential apparatuses before the Industrial Revolution.
- The meaning of producer is a business or person that produces the merchandise.
- The organization that makes a specific brand of shoes is an illustration of the producer of the shoes.
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