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The Trend Forecast Equation Is Ŷ = 100 + 120t

Question 15

Multiple Choice

The trend forecast equation is Ŷ = 100 + 120t. The next forecast is for period 8. The typical seasonal index for period 8 is 1.15. What are the forecast sales for period 8?


A) 1,060
B) 1,219
C) 960
D) 1,075

Correct Answer:

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