« previous next »

Author Question: Discuss how seasonality affects forecasts and give examples.[br][br][b][color=#9E3EA8]Question ... (Read 72 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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

(A) The name and shape of the adult teeth. These teeth represent those found in the right side of th (A) The name and shape of the adult teeth. These teeth represent those found in the right side of th
Two examples of diffusion. Two examples of diffusion.
Examples of Pathogenic Microbes Identified Since 1973 Examples of Pathogenic Microbes Identified Since 1973
economic question economic question
Economic practice question Economic practice question
Examples of Disease-Causes Bacteria Examples of Disease-Causes Bacteria
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library