Give a a description and an example of a good and a service that exhibit these...

Give a a description and an example of a good and a service that exhibit these seasonal demand patterns:

Annual

Monthly

Weekly

Daily

Solutions

Expert Solution

Following are the examples of a good and an service that exhibit the following seasonal demand patterns:

ANNUAL: Demands associated with the purchase of Christmas Figurines, International Festivals such as Women’s Day cards, Lawn and Garden Equipment for Goods and Vacation planning related to the school year for Services. Demands for the same occur usually once a year and are very specific.
MONTHLY: Demands associated with the monthly interest that is received towards the Bank deposits, the registrations of the vehicles and examination of the same, renewal of various subscriptions, etc. Once a month, these demands are rose especially for the smoother flow of other allied services.
WEEKLY: Hotel registrations, Grocery rations, Auto repair services, etc. It helps in reviewing the weekly budgeting patterns.
DAILY: Telephone calls, Demand for restaurant foods, Public utility services such as Transportation, etc. could fall under the Daily seasonal demand patterns. These demands occur very frequently and are recurring in nature.

keosha answered 11 months ago

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