QUESTION
The production of Reliable Manufacturing Company for 2012 and part of 2013 follows.2012201320122013ProductionProductionProductionProductionMonth(thousands)(thousands)Month(thousands)(thousands) January46 July36 February57 August3 March1113 September14 April89 October8 May36 November5 June22 December6 Click here for the Excel Data Filea.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 b.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.)YearJan.Feb.Mar.Apr.MayJuneJulyAug.Sept.Oct.Nov.Dec.2012???92.1106.092.5201388.2102.8178.3118.260.843.144.074.0200.990.0101.990.9201487.6103.7170.2125.959.448.644.577.3196.689.9113.280.3201579.5105.3165.4124.462.141.848.272.1203.680.2103.094.2201689.0112.1182.9115.157.656.9MonthSeasonal index Jan. Feb. March April May June July August Sept. Oct. Nov. Dec. c.Interpret the typical seasonal index. The highest month above average was the lowest month below average was . (Use the number of the month for your answer. E.g. April = 4.)
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