Listed below is the 2020 actual demand for stretchable fabric used by a company producing swimming trunks and bathing suits (in kilograms). Q1 2020 Q2 2020 Q3 2020 Q4 2020 1,000 1,500 600 350 What would be the demand forecast for Q1 of 2021 using the Naïve method? O 1,000 O 100 O 863 O 350

Listed below is the 2020 actual demand for stretchable fabric used by a company producing swimming trunks and bathing suits (in kilograms). Q1 2020 Q2 2020 Q3 2020 Q4 2020 1,000 1,500 600 350 What would be the demand forecast for Q1 of 2021 using the Naïve method? O 1,000 O 100 O 863 O 350

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Listed below is the 2020 actual demand for stretchable fabric used by a company producing swimming
trunks and bathing suits (in kilograms).
Q1 2020
Q2 2020
Q3 2020
Q4 2020
1,000
1,500
600
350
What would be the demand forecast for Q1 of 2021 using the Naïve method?
O 1,000
O 100
O 863
O 350

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