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19 May, 12:02

George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: Year Season 1 2 3 4 Winter 1 comma 440 1 comma 240 1 comma 000 920 Spring 1 comma 500 1 comma 440 1 comma 600 1 comma 500 Summer 1 comma 040 2 comma 140 2 comma 000 1 comma 900 Fall 600 770 690 520 George has forecasted that annual demand for his sailboats in year 5 will equal 6 comma 500 sailboats. Based on the given data and using the multiplicative seasonal model, the demand level for George's sailboats in the spring of year 5 will be nothing sailboats (enter a whole number).

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  1. 19 May, 15:30
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    budget sales per season

    Seaon Year 5

    winter 1,473

    spring 1,934

    summer 2,267

    fall 826

    Explanation:

    First, we calcualte the average per season:

    Seaon Year 1 Year 2 Year 3 Year 4 Average per season

    winter 1440 1240 1000 920.00 1,150.00

    spring 1500 1440 1600 1,500.00 1,510.00

    summer 1040 2140 2000 1900 1,770.00

    fall 600 770 690 520 645.00

    Now, we cross multiply to get the next year values

    Seaon Average per season Year 5

    winter 1,150.00 1,472.91 (1150/5075 x 6500)

    spring 1,510.00 1,933.99

    summer 1,770.00 2,267.00

    fall 645.00 826.11

    5,075.00 6,500.00
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