Sales of walking shorts at Hugo’s Department Store in downtown Rolla appear toexhibit a seasonal pattern. The proprietor of the store, Wally Hugo, has kept carefulrecords of the sales of several of his popular items, including walking shorts. Duringthe past two years the monthly sales of the shorts have beenYear 1 Year 2 Year 1 Year 2Jan. 12 16 July 112 130Feb. 18 14 Aug. 90 83March 36 46 Sep. 66 52April 53 48 Oct. 45 49May 79 88 Nov. 23 14June 134 160 Dec. 21 26Assuming no trend in shorts sales over the two years, obtain estimates for themonthly seasonal factors.
Sales of walking shorts at Hugo’s Department Store in downtown Rolla appear toexhibit a seasonal pattern. The proprietor of the store, Wally Hugo, has kept carefulrecords of the sales of several of his popular items, including walking shorts. Duringthe past two years the monthly sales of the shorts have beenYear 1 Year 2 Year 1 Year 2Jan. 12 16 July 112 130Feb. 18 14 Aug. 90 83March 36 46 Sep. 66 52April 53 48 Oct. 45 49May 79 88 Nov. 23 14June 134 160 Dec. 21 26Assuming no trend in shorts sales over the two years, obtain estimates for themonthly seasonal factors.
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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Sales of walking shorts at Hugo’s Department Store in downtown Rolla appear to
exhibit a seasonal pattern. The proprietor of the store, Wally Hugo, has kept careful
records of the sales of several of his popular items, including walking shorts. During
the past two years the monthly sales of the shorts have been
Year 1 Year 2 Year 1 Year 2
Jan. 12 16 July 112 130
Feb. 18 14 Aug. 90 83
March 36 46 Sep. 66 52
April 53 48 Oct. 45 49
May 79 88 Nov. 23 14
June 134 160 Dec. 21 26
Assuming no trend in shorts sales over the two years, obtain estimates for the
monthly seasonal factors.
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