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 Winter Spring Summer Fall 1 1,440 1,520 1,000 640 2 1,280 1,420 2,140 810 3 1,000 1,640 2,000 690 4 900 1,500 1,960 560 George has forecasted that annual demand for his sailboats in year 5 will equal 6,000 sailboats. Based on the given data and using the seasonal model, the demand level for George's sailboats in the spring of year 5 will be sailboats (enter a whole number).
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 Winter Spring Summer Fall 1 1,440 1,520 1,000 640 2 1,280 1,420 2,140 810 3 1,000 1,640 2,000 690 4 900 1,500 1,960 560 George has forecasted that annual demand for his sailboats in year 5 will equal 6,000 sailboats. Based on the given data and using the seasonal model, the demand level for George's sailboats in the spring of year 5 will be sailboats (enter a whole number).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 29P: The file P13_29.xlsx contains monthly time series data for total U.S. retail sales of building...
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