The sales of Andres Boutique for 2012 and part of 2013 are: a. Using the ratio-to-moving-average method,
Question:
a. Using the ratio-to-moving-average method, determine the specific seasonals for July, August, September, and October 2012.
b. Assume that the specific seasonals in the following table are correct. Insert in the table the specific seasonals you computed in part (a) for July, August, September, and October 2012, and determine the 12 typical seasonal indexes.
c. Interpret the typical seasonalindex.
Transcribed Image Text:
2013 Sales 2012 Sales (thousands) thousands) 2013 Sales 2012 Sales (thousands) (thousands) Month Month January February March 65 61 75 August September 72 92 86 November December 115 130 Year Jan. Feb. Mar. Apr. May June July Aug. Sept ct. Nov. Dec. 2012 2013 83.9 77.6 86.1 118.7 99.7 92.0 87.0 91.4 97.3 105.4 124.9 140.1 2014 86.7 72.9 86.2 121.3 96.6 92.0 85.5 93.6 98.2 103.2 126.1 141.7 2015 85.6 65.8 89.2 125.6 99.6 94.4 88.9 90.2 100.2 102.7 121.6 139.6 2016 77.3 81.2 85.8 115.7 100.3 89.7 ? 123.6 150.9
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
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