Ch15_Components_of_Demand

Ch15_Components_of_Demand - Exhibit 15.1 - Components of...

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Exhibit 15.1 - Components of Demand This workbook demonstrates the basic components of demand. Each component can be modified with its overall effect measured by how the average demand is changed. As you progress from worksheet 1 to 4, the demand pattern complexity is increased by adding an additional component of demand. The demand pattern shown in a worksheet reflects the values used in the preceding workbook.
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Exhibit 15.1 - Base Component 500 = Average Month Base 1 500 2 500 3 500 4 500 5 500 6 500 7 500 8 500 9 500 10 500 11 500 12 500 13 500 14 500 15 500 16 500 17 500 18 500 19 500 20 500 21 500 22 500 23 500 24 500 25 500 26 500 27 500 28 500 29 500 30 500 31 500 32 500 33 500 34 500 35 500 36 500 37 500 38 500 39 500 40 500 41 500 42 500 43 500 44 500 45 500 46 500 47 500 0 6 12 18 24 30 36 42 0 100 200 300 400 500 600 Plot of Base Component Month Units of Demand
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48 500
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2 48
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Exhibit 15.1 - Trend Component 10 = Trend (Change per Month) 0.0 = Average Trend Effect Across Months Month Trend Base 1 -235 500 265
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This note was uploaded on 07/17/2011 for the course MG 375 taught by Professor Fry during the Fall '09 term at Park.

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Ch15_Components_of_Demand - Exhibit 15.1 - Components of...

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