Below you are given some values of a time series consisting of 26 time periods. 
The estimated regression equation for these data is Yt = 16.23 + .52Yt-1 + .37Yt-2
The forecasted value for time period 27 is
Definitions:
Capacity Decision
The process of determining the level of capacity needed to meet varying demands for a business's goods or services.
Demand Forecast
The process of estimating the future demand for a product or service based on historical data and trends.
Conditional Payoffs
The expected return or outcome associated with certain actions or decisions, which depend on specific conditions being met.
Historical Pattern
The recognition of persistent trends or occurrences in data or events over a specific period in the past, which can be used for forecasting future events.
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