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The Outdoor Company is a catalog sales operation that specializes in outdoor recreational clothing. Demand for its items is very seasonal, peaking during the Christmas season and during the spring. It has accumulated the following data for orders per season (quarter) during the past 5 years: Quarter Jan-Mar Apr-Jun Jul - Sep Oct-Dec 1 22.60 28.50 24.40 43.90 2 19.10 29.70 23.50 47.30 Orders (1,000s)/Year 3 4 26.40 25.20 32.80 28.60 24.00 26.40 47.50 49.10 5 28.50 34.00 27.70 55.80 Average Demad per Quarter a. Calculate the overall average demad. b. Calculate the average demad per quarter in the space given in the above table. c. Calculate the seasonal index in the space given in the above table. Seasonal Index

The Outdoor Company is a catalog sales operation that specializes in outdoor recreational clothing. Demand for its items is very seasonal, peaking during the Christmas season and during the spring. It has accumulated the following data for orders per season (quarter) during the past 5 years: Quarter Jan-Mar Apr-Jun Jul - Sep Oct-Dec 1 22.60 28.50 24.40 43.90 2 19.10 29.70 23.50 47.30 Orders (1,000s)/Year 3 4 26.40 25.20 32.80 28.60 24.00 26.40 47.50 49.10 5 28.50 34.00 27.70 55.80 Average Demad per Quarter a. Calculate the overall average demad. b. Calculate the average demad per quarter in the space given in the above table. c. Calculate the seasonal index in the space given in the above table. Seasonal Index

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The Outdoor Company is a catalog sales operation that specializes in outdoor recreational clothing. Demand for its items is very seasonal, peaking during the Christmas season and during the spring. It has accumulated the following data for orders per season (quarter) during the past 5 years: Quarter Jan-Mar Apr - Jun Jul - Sep Oct-Dec 1 22.60 28.50 24.40 43.90 2 19.10 29.70 23.50 47.30 Orders (1,000s)/Year 3 26.40 32.80 24.00 47.50 a. Calculate the overall average demad. 4 25.20 28.60 26.40 49.10 5 28.50 34.00 27.70 55.80 Average Demad per Quarter b. Calculate the average demad per quarter in the space given in the above table. c. Calculate the seasonal index in the space given in the above table. Seasonal Index
Transcribed Image Text:The Outdoor Company is a catalog sales operation that specializes in outdoor recreational clothing. Demand for its items is very seasonal, peaking during the Christmas season and during the spring. It has accumulated the following data for orders per season (quarter) during the past 5 years: Quarter Jan-Mar Apr - Jun Jul - Sep Oct-Dec 1 22.60 28.50 24.40 43.90 2 19.10 29.70 23.50 47.30 Orders (1,000s)/Year 3 26.40 32.80 24.00 47.50 a. Calculate the overall average demad. 4 25.20 28.60 26.40 49.10 5 28.50 34.00 27.70 55.80 Average Demad per Quarter b. Calculate the average demad per quarter in the space given in the above table. c. Calculate the seasonal index in the space given in the above table. Seasonal Index
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