The following data show the quarterly sales of a major auto manufacturer for the years 1 through 3. Use multiplicative method to answer the following questions. Year Quarter Sales 1 160 180 3 190 4 170 200 210 260 3 4 230 3 1 210 240 3 290 4 260 26. The equation for the trend line of yearly sales is F, = 567 + 150t. What is the prediction for the sales in year 4? a. <1000 b. Between 1000 and 1100 Between 1100 and 1200 с. d. >1200 27. What is the seasonal index for quarter 4 in year 1? <0.8 b. Between 0.8 and 0.9 a. Between 0.9 and 1.0 d. >1.0 с. 28. What is the average seasonal index for quarter 1? <0.8 b. Between 0.8 and 0.9 Between 0.9 and 1.0 a. с. d. >1.0 2.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question

Q28

The following data show the quarterly sales of a major auto manufacturer for the years 1 through 3. Use multiplicative
method to answer the following questions.
Year
Quarter
Sales
160
2
180
3
190
4
170
1
200
2
210
3
260
4
230
3
1
210
2
240
290
260
3
4
26. The equation for the trend line of yearly sales is F, = 567 + 150t. What is the prediction for the sales in year 4?
<1000
b.
Between 1000 and 1100
a.
Between 1100 and 1200
d. >1200
с.
27. What is the seasonal index for quarter 4 in year 1?
a.
<0.8
b.
Between 0.8 and 0.9
с.
Between 0.9 and 1.0
d. >1.0
28. What is the average seasonal index for quarter 1?
<0.8
b. Between 0.8 and 0.9
Between 0.9 and 1.0
a.
с.
d. >1.0
29. What is the sales forecast for quarter 1 in Year 4?
a.
<230
b. Between 230 and 240
с.
Between 240 and 250
d. >250
30. What is the sales forecast for quarter 3 in Year 4?
a.
<300
b.
Between 300 and 320
Between 320 and 340
d. >340
с.
2.
Transcribed Image Text:The following data show the quarterly sales of a major auto manufacturer for the years 1 through 3. Use multiplicative method to answer the following questions. Year Quarter Sales 160 2 180 3 190 4 170 1 200 2 210 3 260 4 230 3 1 210 2 240 290 260 3 4 26. The equation for the trend line of yearly sales is F, = 567 + 150t. What is the prediction for the sales in year 4? <1000 b. Between 1000 and 1100 a. Between 1100 and 1200 d. >1200 с. 27. What is the seasonal index for quarter 4 in year 1? a. <0.8 b. Between 0.8 and 0.9 с. Between 0.9 and 1.0 d. >1.0 28. What is the average seasonal index for quarter 1? <0.8 b. Between 0.8 and 0.9 Between 0.9 and 1.0 a. с. d. >1.0 29. What is the sales forecast for quarter 1 in Year 4? a. <230 b. Between 230 and 240 с. Between 240 and 250 d. >250 30. What is the sales forecast for quarter 3 in Year 4? a. <300 b. Between 300 and 320 Between 320 and 340 d. >340 с. 2.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,