« previous next »

Author Question: Discuss how seasonality affects forecasts and give examples.[br][br][b][color=#9E3EA8]Question ... (Read 60 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jun 28, 2018
Discuss how seasonality affects forecasts and give examples.

Question 2

The population of a city is 230,000 and its annual per person expenditure on athletic shoes is 45 . If there are 64,688 square feet of retail space used to sell athletic shoes in this city, its index of retail saturation is ____.
 a. 12.65
  b. 79.01
  c. 159.99
  d. 1437.51


akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 28, 2018
Answer to Question 1

Many organizations are faced with seasons that repeat themselves during a particular period. These seasons might be by time of day (for example, demand for hamburgers at a fast-food outlet), by day of the week (for example, the demand for gasoline), by week, by the month, or by some combination of these. Adjusting a forecast for seasons basically uses a combination of seasonal factors and average demand to arrive at an adjusted forecast.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Color-enhanced scanning electron micrograph of HIV virus (red) infecting T-helper cells (green). Color-enhanced scanning electron micrograph of HIV virus (red) infecting T-helper cells (green).
The Six Major Divisions of Biopsychology, with Examples of How They Have Approached the Study of ... The Six Major Divisions of Biopsychology, with Examples of How They Have Approached the Study of ...
How to integrate trigonometric functions containing both tangent and secant (Question 2) How to integrate trigonometric functions containing both tangent and secant (Question 2)
Y U NO ... Ask a Question? (Animated) Y U NO ... Ask a Question? (Animated)
economic question economic question
Examples of posttranslational processing Examples of posttranslational processing
Video: Introduction to Herpes

For a complete list of videos, visit our video library