« previous next »

Author Question: Discuss how seasonality affects forecasts and give examples.[br][br][b][color=#9E3EA8]Question ... (Read 59 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?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Examples of binocular and monocular fields of vision. Examples of binocular and monocular fields of vision.
A Splash of Color in a Frozen World of White A Splash of Color in a Frozen World of White
Color-enhanced magnetic resonance image (MRI) showing a sagittal view of the head. Color-enhanced magnetic resonance image (MRI) showing a sagittal view of the head.
Examples of Late Effects of Surgery Among Adult Cancer Survivors Examples of Late Effects of Surgery Among Adult Cancer Survivors
One page of color vision chart. One page of color vision chart.
Evaluate the Limit Question 2 Evaluate the Limit Question 2
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library