Question: A time-series linear regression model for demand has an intercept of 21 and a slope of 3.4. What is your forecasting demand for period 8?

A time-series linear regression model for demand has an intercept of 21 and a slope of 3.4.

What is your forecasting demand for period 8?

A.

171.4

B.

140.8

C.

29.0

D.

48.2

E. 24.4

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!

Q:

Describe the five-step decision-making process.

Q:

A time-series linear regression model for demand has an intercept of 21.9 and a slope of 1.5. What is your forecasting demand for period 7? A. 154.8 B. 142.8 C. 32.4 D. 23.4 E. 28.9

Q:

A time-series linear regression model for demand has an intercept of 27 and a slope of 3.1. What is your forecasting demand for period 8? O A. 191.2 OB. 51.8 O C. 30.1 D. 35.0 O E. 219.1

Q:

1 Use data in Worksheet Q1-9 to answer questions 1 to 9. The data is for a sample of dealerships and was collected for the second week of August 2016. Which variables are qualitative? A. New Car...

Q:

Having an inventory forecasting model in place for a healthcare organization ( hospital , surgical center, etc. ) is critical to optimizing business operations. Balancing the need to have adequate...

Q:

Having an inventory forecasting model in place for a healthcare organization ( hospital , surgical center, etc. ) is critical to optimizing business operations. Balancing the need to have adequate...

Q:

Find the MAD and the MAPE based off of the given forecasts 7. Exam 1-ExtraCredit.xlsx [Last saved by user] - Microsoft Excel - CE Home Insert Formulas Data Review View Page Layout fx H12 y Document...

Q:

F3 = A2 + T2 = 38.5+0.45 = 38.95. Expon. Smooth.. Trend-Adjusted Expon. Smooth. (c=0.5, B = 0.3) Period 1 2 3 4 5 6 7 8 9 10 11 12 13 Month Jan Feb Mar Apr. May Jun Jul. Aug. Sep. Oct. Nov. Dec. Jan...

Q:

2.Which one is not includes in Type of Operations? Good producing Storage/ transportation Exchange Entertainment None of the above 3.Averaged a couple of recent value to get updated new value is...

Q:

Please solve all. Part I. Answer the following 40 questions on the Scantron answer sheet by marking the appropriate bubble using a pencil. Use HB Pencils Only. Make dark marks. Erase any incorrect...

Q:

subject: operations management Book: Managerial Decision Modeling with Spreadsheets : Balakrishnan Render Stair : Third Edition Question 1 (3 points) A cake factory can produce cakes at the rate of...

Q:

0.15 Simulate the operation of the barber-shop for 10 customers. The first of the 10 customers arrives at "3". Start the simulation with no customer in the system at time zero. Consider the following...

Q:

(Espejel) A particle travels in a hyperbolic moving past a mass, M, whose position is fixed. The speed is vo and the impact parameter s a. Show that the angle through which the particle is deflected...

Q:

Which one of the following functions is generally under the control of the corporate treasurer? data processing tax management credit management fromancial accounting

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...