iii) Using the regression line found in ii) determine 3rd year demand iv) Forecast the rounded off monthly demand for each of the months of the third year Sales of a telephone answering machine for the last two years are given below Year Jan Feb Mar April May Jun Jul Aug Sep 210 220 1 180 175 180 1...

i Seasonal Index for Months Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 175 180 ...

iii) Using the regression line found in ii) determine 3rd year demand. iv) Forecast the rounded-off monthly

Fantastic news! We've Found the answer you've been seeking!

Question:

iii) Using the regression line found in

ii) determine 3rd year demand.

iv) Forecast the rounded-off monthly demand for each of the months of the third year.

Related Book For answer-question

Microeconomics

ISBN: 978-1429283434

3rd edition

Authors: Paul Krugman, Robin Wells

See More Books

Posted Date: Jul 11, 2021 11:35 AM

See More Questions

3. 2017 2018 2019 2020 2021 + H/C + H/C + - H/C + H/C + JAN 10 15 217 15 10 206 10 15 217 15 10 212 0 10 223 FEB 9 12 214 12 9 209 12 9 220 12 11 213 0 3 220 MAR 10 14 210 14 10 213 10 14 216 12 13...
A firms balance sheets for the last two years are as follows: Sales in 20X1 were $250,000. Sales in 20X2 were $250,000. a. Based solely on the current ratio and the quick ratio, has the firms...
Month May Jun Jul Aug Sept Oct Total Forecast 60 60 70 90 90 80 ??? Production manager Yohanes has developed the following information. (Costs are in thousands of dollars.) Regular production cost $1...
The following selected financial information was obtained from the 2012 financial reports of Robotranics, Inc. and Technology, Limited: Assume that total assets, total liabilities, and total...
Find the probability that a randomly selected draft pick is not a linebacker or a quarterback. a. Find the probability that the draft pick is a linebacker or a quarterback. b. Find the complement of...
Fuque Ltd. uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data pertain to a single department for the month of October 2019....
In risk management, we sometimes need second-order sensitivities, like gamma. Vanna is defined as where V is the option value. This may be regarded as the derivative of delta with respect to...
Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 20% of the unit cost, and the...
Goodlife fitness chain wants to identify the type of people who are currently using the gym and the physical fitness activities they are doing. Gyms will compare this data with existing demographics...
Sing, Inc., is a taxable domestic C corporation. On January 1, 2017, of its 2,000 issued and outstanding shares, 1,575 were owned by Snap, while the remaining 425 shares were owned by unrelated...
What is a key characteristic of nonprofit organizations in terms of tax status? Explain.
How does cultural diversity in America influence the historical lens? In other words, how does a historian represent cultural diversity? Through the lens of the humanities, how is cultural diversity...
Reflect on your own experiences working in a group, and set personal goals for the group project. What kinds of roles have you previously taken? Were these roles discussed and agreed upon, assigned,...
How does cultural value/cultural diversity affect the democracy index? How are these two factors correlated? Here is a scatter plot for 8 countries comparing the cultural diversity and democracy....
1. What are functional silos and how did they evolve in organizations? 2. What is the relationship between organizational functional silos and IS functional silos? 3. Compare and contrast...
How would you define cultural competency and diversity? How important do you think cultural competency and diversity are to a successful workplace?
There are a number of studies done that estimate the loss to an organization for an unfilled position. For example here is one such example: Cost of each unfilled positionLinks to an external site....
On 1 July 2018, Parent Ltd acquired all the shares of Son Ltd, on a cum-div. basis, for $2,057,000. At this date, the equity of Son Ltd consisted of: $ 1,000,000 Share capital 500 000 shares...
After several years of decline, the market for hand made acoustic guitars is making a comeback. These guitars are usually made in small workshops employing relatively few highly skilled luthiers....
The market for olive oil in New York City is controlled by two families, the Sopranos and the Contraltos. Both families will ruthlessly eliminate any other family that attempts to enter the New York...
You are considering buying a second-hand Volkswagen. From reading car magazines, you know that half of all Volkswagens have problems of some kind (they are "lemons") and the other half run just fine...
A thermally isolated system at constant pressure consists of $10 \mathrm{~kg}$ of air at a temperature of $1000 \mathrm{~K}$ and $10 \mathrm{~kg}$ of water at $300 \mathrm{~K}$, connected...
Show that if a liquid is in equilibrium with its own vapour and an inert gas in a closed vessel, then \[\frac{\mathrm{d} p_{v}}{\mathrm{~d} p}=\frac{ho_{v}}{ho_{l}}\] where $p_{v}$ is the partial...
An incompressible liquid of specific volume $v_{l}$, is in equilibrium with its own vapour and an inert gas in a closed vessel. The vapour obeys the law \[p(v-b)=\Re T\] Show that \[\ln...

iii) Using the regression line found in ii) determine 3rd year demand. iv) Forecast the rounded-off monthly

Question:

Expert Answer:

i Seasonal Index for Months Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 175 180 ... View the full answer

Microeconomics

Students also viewed these mathematics questions