Question

1.

The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 39 percent of its business on Friday night, 21 percent on Saturday night, and 11 percent on Thursday night. What seasonal relatives would describe this situation? (Round your answers to 2 decimal places.) Wednesday Thursday Friday Saturday

2.

Freight car loadings over an 18-week period at a busy port are as follows: Week Number 280 295 310 295 310 320 Week Number 350 400 450 435 485 535 Week 13 14 15 16 17 18 Number 545 585 600 615 630 10 12 a. Determine a linear trend line for expected freight car loadings. (Round your intermediate calculations and final answers to 2 decimal places.) b. Use the above trend equation to predict expected loadings for Weeks 20 & 21. (Round your final answers to 2 decimal places.) The forecasted demand for Week 2O is and for Week 21 is c. The manager intends to install new equipment when the volume exceeds 860 loadings per week. Assuming the current trend continues, in which week (at the earliest) should the loading volume reach that level? (Use the rounded answers, as required, from any previous part of this problem. Do not round any other intermediate calculations. Round your final answer to 2 decimal places.) It should reach 860 loadings in Week

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