Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 10 Jul 2017 My Price 9.00

production of Reliable Manufacturing Company

The production of Reliable Manufacturing Company for 2012 and part of 2013 follows.

 

2012 2013   2012 2013
  Production Production   Production Production
Month (thousands) (thousands) Month (thousands) (thousands)
  January 6   7     July 1   2  
  February 5   9     August 6      
  March 13   12     September 15      
  April 8   6     October 5      
  May 4   4     November 9      
  June 4   5     December 3    

 

a.

Using the ratio-to-moving-average method, determine the specific seasonals for July, August, and September 2012. (Round your answers to 1 decimal place.)
   

 

  July__________ , August _________, September ________

 

b.

Assume that the specific seasonal indexes in the following table are correct. Insert in the table the specific seasonals you computed in part (a) for July, August, and September 2012, and determine the 12 typical seasonal indexes. (Round your answers to 1 decimal place.)

 

Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
2012             ? ? ? 92.8 106.2 92.2
2013 88.5 102.3 178.4 118.2 60.7 43.4 44.0 74.0 200.9 90.0 101.9 90.9
2014 87.6 103.7 170.2 125.9 59.4 48.6 44.8 77.7 196.1 89.1 113.8 80.3
2015 79.4 105.6 165.2 124.5 62.1 41.6 48.2 72.1 203.6 80.2 103.0 94.2
2016 89.0 112.1 182.9 115.1 57.6 56.9            
 

 

Month Seasonal index
    Jan. _____      
    Feb. _____      
    March ______      
    April ______      
    May ______      
    June ______      
    July ______      
    August ______      
    Sept. _______      
    Oct. ________      
    Nov. _______      
    Dec. _______      
 

 

c. Interpret the typical seasonal index.
   

  The highest month above average was ___________ the lowest month below average was .   (Use the number of the month for your answer. E.g. April = 4.)

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Jul 2017 06:07 AM My Price 9.00

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