The production of Reliable Manufacturing Company for 2012 and part of 2013 follo
ID: 2718432 • Letter: T
Question
The production of Reliable Manufacturing Company for 2012 and part of 2013 follows.
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 ________
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.)
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 3Explanation / Answer
Using the ratio-to-moving-average method, determine the specific seasonals for July, August, and September 2012. (Round your answers to 1 decimal place.)
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.)
Interpret the typical seasonal index
March, April, September are the high season period and July is the lowest season
The highest month above average was _____174.2______ the lowest month below average was 34.3 (Use the number of the month for your answer
Year Month Production(thousands) 12
months
Total 12
months
Moving
Average Center
Moving
Average Specific
Seasonal 2012 January 6 February 5 March 13 April 8 May 4 June 4 79 6.6 July 1 6.7 15.0% 80 6.7 August 6 6.9 87.6% 84 7 September 15 6.95 215.8% 83 6.9 October 5 November 9 December 3 2013 January 7 February 9 March 12 April 6 May 4 June 5 July 2
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