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The director of the Riley​ County, Kansas, library system would like to forecast evening patron usage for next week. Below are the data for the past 4​ weeks:                                                                                             Mon Tue Wed Thu Fri Sat Week 1 210 178 250 215 160 180 Week 2 215 180 250 213 165 185 Week 3 220 176 260 220 175 190 Week 4 225 178 260 225 176 190 ​a) Calculate a seasonal index for each day of the week ​(enter your responses rounded to three decimal​ places).   Day of the week Mon Tue Wed Thu Fri Sat Seasonal index

The director of the Riley​ County, Kansas, library system would like to forecast evening patron usage for next week. Below are the data for the past 4​ weeks:                                                                                             Mon Tue Wed Thu Fri Sat Week 1 210 178 250 215 160 180 Week 2 215 180 250 213 165 185 Week 3 220 176 260 220 175 190 Week 4 225 178 260 225 176 190 ​a) Calculate a seasonal index for each day of the week ​(enter your responses rounded to three decimal​ places).   Day of the week Mon Tue Wed Thu Fri Sat Seasonal index

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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The director of the Riley​ County, Kansas, library system would like to forecast evening patron usage for next week. Below are the data for the past 4​ weeks:
                                                                                         
 
Mon
Tue
Wed
Thu
Fri
Sat
Week 1
210
178
250
215
160
180
Week 2
215
180
250
213
165
185
Week 3
220
176
260
220
175
190
Week 4
225
178
260
225
176
190
​a) Calculate a seasonal index for each day of the week ​(enter your responses rounded to three decimal​ places).
 
Day of the week
Mon
Tue
Wed
Thu
Fri
Sat
Seasonal index
            
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