Question: Based on past data, Mack's Pool Supply has constructed the following equation for the sales of its house brand of chlorine tablets: Q = 1,000

Based on past data, Mack's Pool Supply has constructed the following equation for the sales of its house brand of chlorine tablets:
Q = 1,000 + 100 t
where Q is quantity and t is time (in years), with 2007 = 0.
a. What is the sales projection for 2013?
b. The tablet sales are seasonal, with the following quarterly indexes:
Quarter 1.......................................80%
Quarter 2.....................................100%
Quarter 3.....................................125%
Quarter 4.......................................95%
What is the quarterly sales projection for 2013?

Step by Step Solution

★★★★★

3.52 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a In 2013 t 6 so Q 1000 1006 1... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

935-B-E-M-E (6462).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!

A. Describe the economic meaning and statistical significance of each individual independent variable included in the Mrs. Smyth's frozen fruit pie demand equation. B. Interpret the coefficient of...

In May 1989 Suzanne Leister, marketing vice president of Baldwin Bicycle Company, was mulling over the discussion she had had the previous day with Karl Knott, a buyer from Hi-Valu Stores, Inc....

A group of developers is building a new shopping center. A consultant for the developers has constructed the following project network and assigned activity times, in weeks. Determine the earliest...

Based on past data, Mack s Pool Supply has constructed the following equation for the sales of its house brand of chlorine tablets: where is quantity and is time ( in years ) , with . What is the...

Amazon Marketplace Case Study: Deliverable for Submission. Write Step 4, The Problem and Step 5, The Solution of the Press Release for the proposed Seller Fulfilled Prime (SFP) initiative. In June...

2.23 Cost of capital (40%) Calculate the company?s cost of equity using various methods (at least 2); showing your calculations and detailing the source of your data. Calculate the company?s cost of...

Using the Annual Report of your selected company (WALMART), answer the following questions in the Discussion: What is the value of the company's inventory at year end? What was the amount of cost of...

6.4 - Discussion: Investments Financial Statements AnalysisDirections Using the Annual Report of your selected company answer the following questions in the Discussion: What depreciation method does...

5.5 - Discussion: Current Assets 1 Financial Statements AnalysisDirections Using the Annual Report of your selected company (WALMART) answer the following questions in the Discussion: What is the...

For a Science Olympiad competition, a group of middle school students build a trebuchet that can fire a tennis ball from a height of 1.55 m with a velocity of 10.5 m/s and a launch angle of 35.0...

A computer sends a timestamp request If its clock shows 5:20:30 AM. (Universal Time), show the entries for the message.

18.2 The file Travel and Tourism contains 2018 travel and tourism industry data for a sample of 28 European countries. Variables included are travel and tourism jobs (in thousands), nights spent by...

Briefly identify and state the significance of each of the following to the history of economic thought: economic liberalism, enclosure laws, Newton, industrial revolution, North, Cantillon,...

Why are property rights so important in creating wealth?

The owners of a small manufacturing company have hired a manager to run the company with the expectation that he will buy the company after five years. Compensation of the new vice president is a...

Figure out how to profitably consummate the unconsummated wealth-creating transaction created by rent control.

b-2. Which, if either, of these projects should be chosen if the appropriate discount rate is 16 percent? Project A Project B Both projects Neither project

) LPD Logistics, Inc.'s projected sales for the first six months of 2010 are given below. Jan. $300,000 April $350,000 Feb. $350,000 May $500,000 Mar. $475,000 June $400,000 20% of sales are...

In a random sample of 100 measurements, the mean is 33.9 and the standard deviation is 3.3. Using a 95% confidence interval, what is margin of error = +- lower limit of confidence interval = upper...