Question: please answer, will give thumbs up. 1. Compute the forecasts below: a) A manager uses the following equation to predict monthly receipts: Y1 = 40,000

please answer, will give thumbs up.

please answer, will give thumbs up. 1. Compute

1. Compute the forecasts below: a) A manager uses the following equation to predict monthly receipts: Y1 = 40,000 + 100*t What is the forecast for October, 2021 ift= 1 in January, 2021 (give calculations & explanations)? ANSWER: 1 Ift=1 in Jan 2021, in October 2021 t=|| Then, in October 2021 the forecast Y*7 = b) A manager is using the equation below to forecast quarterly demand for a product: Trend: Y = 4,000 + 50*t where t = 0 at Q4 of last year Quarter seasonal indexes (relatives) are Q1 = 1.5; Q2 = 0.8; Q3 = 1.2; and Q4=0.5 Using the multiplicative model of Y= Trend x Seasonality, what is the seasonally adjusted forecast for the Q4 of this year and Q1 of the next year (give calculations & explanations): ANSWER: Q(4)= Q(1) =

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