Question: A manager is using the equation Y(t) = 5500 + 60t to forecast quarterly demand for a product. In the equation, t = 0 at
A manager is using the equation Y(t) = 5500 + 60t to forecast quarterly demand for a product. In the equation, t = 0 at Q1 of 2019. Quarter relatives are Q1 = 0.69, Q2 = 0.85, Q3 = 0.99, and Q4 = 1.47. What forecasts are appropriate for the third quarter of 2021?
a.
6161.62
b.
6039
c.
6100
d.
6157.8
e.
5801.4
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