Question: A manager is using the equation Y(t) = 5500 + 80t to forecast quarterly demand for a product. In the equation, t = 0 at
A manager is using the equation Y(t) = 5500 + 80t to forecast quarterly demand for a product. In the equation, t = 0 at Q2 of last year. Quarter relatives are Q1 = 0.79, Q2 = 0.91, Q3 = 0.93, and Q4 = 1.37. What forecasts are appropriate for the last quarter of this year?
a.
4364.96
b.
8083
c.
7754.2
d.
7973.4
e.
8192.6
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