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George Kyparisis owns a company that manufactures sailboats. Actual demand for Georges sailboats during each of the past four seasons was as follows: George has
George Kyparisis owns a company that manufactures sailboats. Actual demand for Georges sailboats during each of the past four seasons was as follows:
George has forecasted that annual demand for his sailboats in year 5 will equal 5,600 sailboats. Based on this data and the multiplicative seasonal model, what will the demand level be for Georges sailboats in the spring of year 5?
Year | ||||
Season | 1 | 2 | 3 | 4 |
Winter | 1400 | 1200 | 1000 | 900 |
Spring | 1500 | 1400 | 1600 | 1500 |
Summer | 1000 | 2100 | 2000 | 1900 |
Fall | 600 | 750 | 650 | 500 |
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