Question: A manager is using the equation below to forecast quarterly demand for a product: Y t = 6,000 + 80t where t = 0 at
A manager is using the equation below to forecast quarterly demand for a product:
Yt = 6,000 + 80t where t = 0 at Q2 of last year
Quarter relatives are Q1 = .7, Q2 = .7, Q3 = 1.2, and Q4 = 1.3.
What forecasts are appropriate for the last quarter of this year and the first quarter of next year?
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