George Kyparisis owns a company that manufactures sailboats. Actual demand for George’s sailboats during each of the past four seasons was as follows: | ||||||||||||||||||||||
YEAR | sailboats in year 5 will equal 5,600 | |||||||||||||||||||||
SEASON | 1 | 2 | 3 | 4 | ||||||||||||||||||
Winter | 1,400 | 1,200 | 1,000 | 900 | ||||||||||||||||||
Spring | 1,500 | 1,400 | 1,600 | 1,500 | ||||||||||||||||||
Summer | 1,000 | 2,100 | 2,000 | 1,900 | ||||||||||||||||||
Fall | 600 | 750 | 650 | 500 | ||||||||||||||||||
George has forecasted that annual demand for his sailboats in year 5 will equal 5,600 sailboats. Based on this data and the multiplicative seasonal model, what will the demand level be for George’s sailboats in the spring of year 5? |
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