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QNT 561 Week 6 Weekly Learning Assessments

QNT 561 Week 6 Weekly Learning Assessments -

Chapter 18 Exercise 2

Listed below is the number of movie tickets sold at the Library Cinema-Complex, in thousands, for the period from 2001 to 2013. Compute a five-year weighted moving average using weights of 0.15, 0.1, 0.2, 0.17, and 0.38, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

2001       8.41

2002       8.14

2003       7.77

2004       6.59

2005       7.17

2006       6.78

2007       6.81

2008       6.51

2009       5.78

2010       5.57

2011       5.84

2012       5.59

2013       5.53

 Chapter 18 Exercise 10 Appliance Center sells a variety of electronic equipment and home appliances. For the last 4 years, 2010 through 2013, the following quarterly sales (in \$ millions) were reported. Year       I               II             III            IV 2010       5.3          4.1          6.8          6.7 2011       4.8          3.8          5.6          6.8 2012       4.3          3.8          5.7          6 2013       5.6          4.6          6.4          5.9 Determine a typical seasonal index (adjusted) for each of the four quarters. (Round your answers to 4 decimal places.)