Question: A manager is using the equation Y(t) = 5900 + 90t to forecast quarterly demand for a product. In the equation, t = 0 at

A manager is using the equation Y(t) = 5900 + 90t to forecast quarterly demand for a product. In the equation, t = 0 at Q1 of 2019. Quarter relatives are Q1 = 0.62, Q2 = 1.03, Q3 = 0.85, and Q4 = 1.5. What forecasts are appropriate for the third quarter of 2021?

a. 5474

b. 8000

c. 5933

d. 6800

e. 5780

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

1A project has four major activities. Activity A precedes activity B, activity C precedes activity D. 3-point estimates for activities are A(10, 20, 30 ), B( 5, 10, 15 ), C( 3, 3, 3 ), D( 5, 5, 5 )...

28. A manager is using the equation below to forecast quarterly demand for a product: Y t = 6,000 + 80t where t = 0 at Q2 of last year Quarter relatives are Q1 = .6, Q2 = .9, Q3 = 1.3, and Q4 = 1.2....

ISESCUIVIIVI-ZZU-2204-UU 7 venean 7 VITULEITT TIVITEI ZUZ A manager is using the equation Y(t) = 5600 + 70t to forecast quarterly demand for a product. In the equation, t = 0 at Q1 of 2019. Quarter...

A manager is using the equation Y(t) = 5900 + 85t to forecast quarterly demand for a product. In the equation, t = 0 at Q1 of 2019. Quarter relatives are Q1 = 0.58, Q2 = 0.9, Q3 = 0.93, and Q4 =...

A) Omar has heard from some of his customers that they will probably cut back on order sizes in the next quarter. The company he works for has been reducing its sales force due to falling demand and...

A manager is using the equation below to forecast quarterly demand for a product: Y t = 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...

1. A manager is using the equation below to forecast quarterly demand for a product: Y t = 500 + 25t where t = 0 at Q1(first Quarter) of this year What forecasts are appropriate for the 3rd and last...

Based on the given information, please compute a four-period average forecast for Week 7 to Week 11 with the approaches of moving average, weighted moving average, and exponential smoothing. (with...

1. The weekly output of a production process is 3000 units using 9 workers and 1000 feet of materials. The standard inventory value of the output is $155 per unit. Overhead is charged weekly at the...

A manager is using the equation Y(t) = 5600 + 95t to forecast quarterly demand for a product. In the equation, t = 0 at Q1 of 2019. Quarter relatives are Q1 = 0.65, Q2 = 0.92, Q3 = 0.98, and Q4 =...

Please explain what you understand from the graphic below (remember our discussions on this graph during class time). How do you tie the concept depicted in this graph to the differences in...

In this lab you will write a class called Time. The Time class will have three data members: hours, minutes, and seconds (all ints). Times will be stored using a 24 hour clock, so 10 AM is stored as...

Expense replacement ratios of less than 1 0 0 % are expecting: a . Savings of expenses related to employment b . Reduction in home maintenance costs due to travel c . Significant savings from health...

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...