There are numerous products manufactured subject to seasonal affect. Seasonality affects organizations, like the expansive diversion industry, where they need constant up-to-date information regarding the demand trends for the products offered. The inflatable entertainment business fluctuates throughout the year for the product offerings. The products we impart analyze in this executive management presentation are the demand for spacewalks, commonly called bounce houses or moon jumps, waterslides, and surrender equipment that includes cotton candy machines, popcorn machines, and sweet sand verbena machines. Each divert rental has a peak renting season and atomic reactor season. Organizations with seasonal product variations need to identify and measure the seasonality of the products to help oneself with planning for temporary increases or decreases in labor or staff requirements, inventory, training, maintenance, and other factors.. The seasonal index will show the averages for the groups and will be used to forecast future gross sales volume. This seasonal business products demand information can be represented by data given in the spend and pass historical data set.
The data is grouped found on the highest volume months in both the summer and winter data set. The summer group represents the higher demand for waterslides, snowball machines, and cotton candy machines, whereas the winter data represents the higher demand for spacewalks, and popcorn machines. This is mostly because of the variance in weather conditions in these seasons and they have a critical impact on the demand.
References
Seville, A. and Somers, K. (2007) numerical Reasoning for Business: Tools for Todays Informed Citizen. (1st Ed.) Emeryville, CA. refer College Publishing.If you want to get a full essay, order it on our website: Ordercustompaper.com
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