The Trend Forecast Equation Is = 50 + 420t

question 23

Multiple Choice

The trend forecast equation is = 50 + 420t. The next forecast is for period 10. The typical seasonal index for period 10 is 1.25. What are the forecast sales for period 10?

• A)4,200
• B)4,250
• C)5,313
• D)1,075

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Definitions:

Premise

A prior assertion or claim from which another conclusion is drawn or follows logically.

Simp

Slang for someone who demonstrates excessive sympathy or attention towards another person, often without reciprocation.

Taut

An assertion that holds truth as a result of its inherent logic or by necessity.

MP

An abbreviation for Member of Parliament, an individual elected to serve in the legislative body of a country.