Factors that capture the seasonal contribution to demand in each period during the year are called ______.
A)seasonal patterns
B)seasonal indices
C)seasonal signals
D)seasonal indicators

Question

Quizplus · Accepted Answer

Seasonal factors that capture the seasonal variation in demand in each period of the year are called seasonal indices or seasonal factors. Seasonal patterns represent the repetitive fluctuation in demand for a product or service that occurs regularly each year. Seasonal signals are the variations or anomalies in demand that do not follow the regular seasonal pattern. Seasonal indicators refer to economic statistics that show the performance of an industry or the overall economy during a particular season. Hence, the best choice is seasonal indices, also known as seasonal factors.

Factors That Capture the Seasonal Contribution to Demand in Each