The Trend Forecast Equation Is = 100 + 120t

question 18

Multiple Choice

The trend forecast equation is = 100 + 120t. The next forecast is for period 11. The typical seasonal index for period 11 is 1.25. What are the forecast sales for period 11?

• A)1,420
• B)1,775
• C)1,320
• D)1,075

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Definitions:

Government employment

Jobs provided by federal, state, or local governments, often associated with benefits such as job security and public service.

Contagion

The process by which an idea, attitude, or behavior spreads rapidly from person to person or group to group.

Social networks

Structures formed by individuals or organizations that are connected by one or more types of interdependencies, such as friendship, kinship, common interest, or economic exchange.

Biological model

An explanation for behavior and phenomena based primarily on biological factors, such as genetics, neuroscience, and evolutionary principles.