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 2 1 Season Winter 1,480 Spring 1,500 Summer 1,020 Fall 640 George has forecasted that annual demand for his sailboats in year 5 will equal 6,500 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). 1,240 1,440 2,100 770 3 1,040 1,600 2,040 650 4 920 1,580 1,960 520

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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George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four
seasons was as follows:
Season
Winter
Spring
Summer
Fall
1
1,480
1,500
1,020
640
Year
2
1,240
1,440
2,100
770
3
1,040
1,600
2,040
650
D
4
920
1,580
1,960
520
George has forecasted that annual demand for his sailboats in year 5 will equal 6,500 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).
Transcribed Image Text:George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: Season Winter Spring Summer Fall 1 1,480 1,500 1,020 640 Year 2 1,240 1,440 2,100 770 3 1,040 1,600 2,040 650 D 4 920 1,580 1,960 520 George has forecasted that annual demand for his sailboats in year 5 will equal 6,500 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).
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