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) the median seasonal index of spring:   II)the total median seasonal index:

) the median seasonal index of spring:   II)the total median 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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DETERMINE 

 

I) the median seasonal index of spring:

 

II)the total median seasonal index:

 

III) the adjustment factor:

The marketing manager of manufactures and distributes farming equipment (such a company that combined harvesters, ploughs and tractors) recorded the number of farming units sold quarterly for the period 2016 to 2019. Quarter 2016 2017 2018 2019 Summer 57 60 65 64 Autumn 51 56 60 62 Winter 50 53 58 58 Spring 56 61 68 70 Using the four period moving average and sequential numbering system starting with -, in period 1. X=1
Transcribed Image Text:The marketing manager of manufactures and distributes farming equipment (such a company that combined harvesters, ploughs and tractors) recorded the number of farming units sold quarterly for the period 2016 to 2019. Quarter 2016 2017 2018 2019 Summer 57 60 65 64 Autumn 51 56 60 62 Winter 50 53 58 58 Spring 56 61 68 70 Using the four period moving average and sequential numbering system starting with -, in period 1. X=1
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