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Management Studies

Question: A manager is using the equation given below to forecast quarterly demand for a product:

Yt = 6,000 + 80t where t = 0 at Q2 of last year Quarter relatives are Q1 = .6, Q2 = 0.9, Q3 = 1.3, and Q4 = 1.2.

Determine what forecasts are appropriate for the last quarter of this year and the first quarter of next year?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9313899

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