Question 4.2 A restaurant has tracked the number of meals served at lunch over the last four weeks. The data show little in terms of trends, but do display substantial variation by day of the week. Use the following information to determine the seasonal (daily) indices for this restaurant. Round all numbers in your calculations to four decimal places. Week 3 Day Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 4 40 35 39 43 54 55 54 59 61 60 65 64 72 77 78 74 89 80 81 79 91 90 99 95 80 82 84 83
Question 4.2 A restaurant has tracked the number of meals served at lunch over the last four weeks. The data show little in terms of trends, but do display substantial variation by day of the week. Use the following information to determine the seasonal (daily) indices for this restaurant. Round all numbers in your calculations to four decimal places. Week 3 Day Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 4 40 35 39 43 54 55 54 59 61 60 65 64 72 77 78 74 89 80 81 79 91 90 99 95 80 82 84 83
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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Transcribed Image Text:Question 4.2
A restaurant has tracked the number of meals served at lunch over the last four weeks. The data show
little in terms of trends, but do display substantial variation by day of the week. Use the following
information to determine the seasonal (daily) indices for this restaurant. Round all numbers in your
calculations to four decimal places.
Week
Day
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
1
3
4
40
35
39
43
54
55
54
59
61
60
65
64
72
77
78
74
89
80
81
79
91
90
99
95
80
82
84
83
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