The seasonal index for the month of February in 2019 is:A. 40%В. 60%С. 160%D. 5% The following table shows the three-period moving average and five-period moving average for monthly sales of Budget Furniture's during 2019.Moving averages of Budget Furniture'sTime periodMonthsSalesThree-period moving average (rounded off toFive-period moving averagefour decimals)R'millions1Jan75.00006.2February5.66676.6March57.0000B4April8.33338.2May79.33338.4June8.33339.67July128.66679.6August4A9.2September1010.666710October1310.666711November912December10The seasonal index for the month of February in 2019 is:LO

Answered: The seasonal index for the month of…

Business

Operations Management

The seasonal index for the month of February in 2019 is: O A. 40% B. 60% C. 160% D. 5%

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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Question

The seasonal index for the month of February in 2019 is:
A. 40%
В. 60%
С. 160%
D. 5%

The following table shows the three-period moving average and five-period moving average for monthly sales of Budget Furniture's during 2019.
Moving averages of Budget Furniture's
Time period
Months
Sales
Three-period moving average (rounded off to
Five-period moving average
four decimals)
R'millions
1
Jan
7
5.0000
6.2
February
5.6667
6.6
March
5
7.0000
B
4
April
8.3333
8.2
May
7
9.3333
8.4
June
8.3333
9.6
7
July
12
8.6667
9.6
August
4
A
9.2
September
10
10.6667
10
October
13
10.6667
11
November
9
12
December
10
The seasonal index for the month of February in 2019 is:
LO

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