Seasonality of Bemand The company VID-CO-19 has manufactured swim suits for men, women, and children for 10 years. The company is located in Boston, Massachusetts. Swim suits have always had a higher demand during the months of April, May, June, July, August, and September. The demand has always been lower during the months of October, November, December, January, February, and March. The real demand, based on sales of year 20X1 is the following (it starts with December of the previous year): Period Bimester Demand Season Average December-January February-March 100 90 200 180 April-May June-July August-September October-November 3 900 910 3,000 4,000 2.100 4,900 300 350 VID-CO-19 has hired you as an Operations Management expert to help them to forecast demand for year 20X2 using the Linear Regression Method. What is the seasonal factor for Period 3 (April-May)? (write your answer rounded to two decimals)

Seasonality of Bemand The company VID-CO-19 has manufactured swim suits for men, women, and children for 10 years. The company is located in Boston, Massachusetts. Swim suits have always had a higher demand during the months of April, May, June, July, August, and September. The demand has always been lower during the months of October, November, December, January, February, and March. The real demand, based on sales of year 20X1 is the following (it starts with December of the previous year): Period Bimester Demand Season Average December-January February-March 100 90 200 180 April-May June-July August-September October-November 3 900 910 3,000 4,000 2.100 4,900 300 350 VID-CO-19 has hired you as an Operations Management expert to help them to forecast demand for year 20X2 using the Linear Regression Method. What is the seasonal factor for Period 3 (April-May)? (write your answer rounded to two decimals)

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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