Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Problem 3-14 A tourist center is open on weekends (Friday, Saturday, and Sunday)

ID: 396088 • Letter: P

Question

Problem 3-14

A tourist center is open on weekends (Friday, Saturday, and Sunday). The owner-manager hopes to improve scheduling of part-time employees by determining seasonal relatives for each of these days. Data on recent traffic at the center have been tabulated and are shown in the following table:


a. Develop seasonal relatives for the shop using the centered moving average method. (Round your intermediate calculations and final answers to 2 decimal places.)


b. Develop seasonal relatives for the shop using the SA method. (Round your intermediate calculations and final answers to 4 decimal places.)

Week 1 2 3 4 5 6 Friday 137 147 147 147 152 157 Saturday 247 247 257 257 272 272 Sunday 157 157 167 167 167 177

Explanation / Answer

Part a:

Seasonal Indices by centered moving average method:

Day

Demand

Centered Moving Averages

Unadjusted Seasonal Factor

Friday

137

Saturday

247

182.00

1.3571

Sunday

157

183.67

0.8548

Friday

147

183.67

0.8004

Saturday

247

183.67

1.3448

Sunday

157

185.33

0.8471

Friday

147

188.67

0.7792

Saturday

257

190.33

1.3503

Sunday

167

190.33

0.8774

Friday

147

190.33

0.7723

Saturday

257

191.17

1.3444

Sunday

167

194.50

0.8586

Friday

152

197.00

0.7716

Saturday

272

197.83

1.3749

Sunday

167

198.67

0.8406

Friday

157

200.33

0.7837

Saturday

272

Sunday

177

CMA for week 1, Saturday = average of (average of (137, 247, 157) and average of (247, 157, 147))

Unadjusted Seasonal factor week 1, Saturday = actual demand/CMA = 247/182 = 1.3571

Adjusted seasonal indices are calculated as follows:

Day/Week

1

2

3

4

5

6

Average

Seasonal Indices (Xbar)

Friday

0.8004

0.7792

0.7723

0.7716

0.7837

0.7814

0.7837

Saturday

1.3571

1.3448

1.3503

1.3444

1.3749

1.3543

1.3582

Sunday

0.8548

0.8471

0.8774

0.8586

0.8406

0.8557

0.8582

Overall average

0.9971

Seasonal Index of Friday = Average of unadjusted seasonal factor for Fridays/overall average.

ANS a:

Day

Seasonal Indices (Xbar)

Friday

0.7837

Saturday

1.3582

Sunday

0.8582

Part b:

Seasonal Index by Seasonal Average method:

Day/Week

1

2

3

4

5

6

Average

Seasonal Indices (Xbar)

Friday

137

147

147

147

152

157

147.8333

0.7756

Saturday

247

247

257

257

272

272

258.6667

1.3570

Sunday

157

157

167

167

167

177

165.3333

0.8674

Overall average

190.6111

ANS b:

Day

Seasonal Indices (SA)

Friday

0.7756

Saturday

1.3570

Sunday

0.8674

Day

Demand

Centered Moving Averages

Unadjusted Seasonal Factor

Friday

137

Saturday

247

182.00

1.3571

Sunday

157

183.67

0.8548

Friday

147

183.67

0.8004

Saturday

247

183.67

1.3448

Sunday

157

185.33

0.8471

Friday

147

188.67

0.7792

Saturday

257

190.33

1.3503

Sunday

167

190.33

0.8774

Friday

147

190.33

0.7723

Saturday

257

191.17

1.3444

Sunday

167

194.50

0.8586

Friday

152

197.00

0.7716

Saturday

272

197.83

1.3749

Sunday

167

198.67

0.8406

Friday

157

200.33

0.7837

Saturday

272

Sunday

177

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote