The consulting agency begins collecting data on actual population demand utilization. The first year s data is:PeriodDemandPeriodDemandMarch 202031,550September 202041,482April 202032,125October 202038,348May 202035,700November 202034,722June 202040,620December 202036,190July 202042,810January 202138,450August 202044,230February 202133,330What is the forecast demand for March 2021 considering trend and seasonality? Question options: 38,243 40,125 32,207 35,311

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Answered: The consulting agency begins collecting…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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The consulting agency begins collecting data on actual population demand utilization. The first year s data is:

Period	Demand	Period	Demand
March 2020	31,550	September 2020	41,482
April 2020	32,125	October 2020	38,348
May 2020	35,700	November 2020	34,722
June 2020	40,620	December 2020	36,190
July 2020	42,810	January 2021	38,450
August 2020	44,230	February 2021	33,330

What is the forecast demand for March 2021 considering trend and seasonality?

Question options:

	38,243
	40,125
	32,207
	35,311

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