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The Trend Forecast Equation Is Ŷ = 120 + 100t

Question 24

Multiple Choice

The trend forecast equation is Ŷ = 120 + 100t. The next forecast is for period 8. The typical seasonal index for period 8 is 0.80. What are the forecast sales for period 8?


A) 736
B) 920
C) 800
D) 640

Correct Answer:

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