Question 45 What is the "seasonal factor" for Q1? O 0.31 0.18 O 0.25 0.27

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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Question 45
What is the "seasonal factor" for Q1?
0.31
0.18
O 0.25
O 0.27
Transcribed Image Text:Question 45 What is the "seasonal factor" for Q1? 0.31 0.18 O 0.25 O 0.27
Given the following demand data
Quarter Demand
105
150
93
121
140
170
105
150
150
170
110
130
Year
130.2
1
2
136.67
145.1
200
3
1
2
3
4
1
2
3₂
st
What is the weighted 3-quarter moving average forecast for Year 4, Q1 with weights of 0.5 on the most recent
observed demand, 0.33 on 2nd most recent observed demand, and 0.17 on 3rd most recent observed demand?
4
1
2
3
4
Transcribed Image Text:Given the following demand data Quarter Demand 105 150 93 121 140 170 105 150 150 170 110 130 Year 130.2 1 2 136.67 145.1 200 3 1 2 3 4 1 2 3₂ st What is the weighted 3-quarter moving average forecast for Year 4, Q1 with weights of 0.5 on the most recent observed demand, 0.33 on 2nd most recent observed demand, and 0.17 on 3rd most recent observed demand? 4 1 2 3 4
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