A manager is using the equation below to forecast quarterly demand for a product: Y t
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Question:
A manager is using the equation below to forecast quarterly demand for a product:
Yt = 6,000 + 90t where t = 0 at Q2 of last year.
Quarter relatives are Q1 =0.8, Q2 =0.9, Q3 =1.25, Q4 =1.15
What forecasts are appropriate for the last quarter of this year and the first quarter of next year ?
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
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