Visitors Season Year 1 Year 2 Fall 200 230 Winter 1400 1600 Spring 520 580 Summer 720 831

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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Demand at Nature Trails Ski Resort has a seasonal pattern.
Demand is highest during the winter, as this is the peak ski season.
However, there is some ski demand in the spring and even fall
months. Th e summer months can also be busy as visitors oft en
come for summer vacation to go hiking on the mountain trails.
Th e owner of Nature Trails would like to make a forecast for each
season of the next year. Total annual demand has been estimated
at 4000 visitors. Given the last two years of historical data, what is
the forecast for each season of the next year?

Visitors
Season
Year 1
Year 2
Fall
200
230
Winter
1400
1600
Spring
520
580
Summer
720 831
Transcribed Image Text:Visitors Season Year 1 Year 2 Fall 200 230 Winter 1400 1600 Spring 520 580 Summer 720 831
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