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What forecasts are appropriate for the last quarter of this year?

What forecasts are appropriate for the last quarter of this year?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A manager is using the equation below to forecast quarterly demand for a product: = 6,000 + 80t where t = 0 at Q2 of last year Quarter relatives are Q1 .6, Q2 = .9, Q3 = 1.3, and Q4 = 1.2. What forecasts are appropriate for the last quarter of this year? Select one: O a. 6560 O b. 6480 О с. 3936 O d. 7776
Transcribed Image Text:A manager is using the equation below to forecast quarterly demand for a product: = 6,000 + 80t where t = 0 at Q2 of last year Quarter relatives are Q1 .6, Q2 = .9, Q3 = 1.3, and Q4 = 1.2. What forecasts are appropriate for the last quarter of this year? Select one: O a. 6560 O b. 6480 О с. 3936 O d. 7776
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