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(Round your answers to 0 decimal place,e.g.,200.) Season Forecast Fall Winter Spring Summer

(Round your answers to 0 decimal place,e.g.,200.) Season Forecast Fall Winter Spring Summer

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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Demand at Nature Trails Ski Resort has a seasonal pattern. Demand is highest during the winter, as this is the peak ski season. However, there is some ski demand in the spring and even fall months. The summer months can also be busy as visitors often come for summer vacation to go hiking on the mountain trails. The owner of Nature Trails would like to make a forecast for each season of the next year. Total annual demand has been estimated at 3,940 visitors. Given the last two years of historical data, what is the forecast for each season of the next year? Visitors Season Year 1 Year 2 Fall 208 215 Winter 1,355 1,557 Spring 532 554 Summer 704 808 (Round your answers to 0 decimal place,e.g-,200.) Season Forecast Fall Winter Spring Summer
Transcribed Image Text:Demand at Nature Trails Ski Resort has a seasonal pattern. Demand is highest during the winter, as this is the peak ski season. However, there is some ski demand in the spring and even fall months. The summer months can also be busy as visitors often come for summer vacation to go hiking on the mountain trails. The owner of Nature Trails would like to make a forecast for each season of the next year. Total annual demand has been estimated at 3,940 visitors. Given the last two years of historical data, what is the forecast for each season of the next year? Visitors Season Year 1 Year 2 Fall 208 215 Winter 1,355 1,557 Spring 532 554 Summer 704 808 (Round your answers to 0 decimal place,e.g-,200.) Season Forecast Fall Winter Spring Summer
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