Demand for a Certain Product Is Forecast to Be 800

question 27

Multiple Choice

Demand for a certain product is forecast to be 800 units per month, averaged over all 12 months of the year. The product follows a seasonal pattern, for which the January monthly index is 1.25. What is the seasonally-adjusted sales forecast for January?

• A) 640 units
• B) 798.75 units
• C) 801.25 units
• D) 1000 units
• E) 88.33 units

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Definitions:

Emergency Situations

Scenarios that require immediate action due to the presence of threat or danger to life, property, or the environment.

Ambiguous

Describes information, statements, or situations that are unclear, uncertain, or open to more than one interpretation.

Opposites Attract

A theory suggesting that individuals are drawn to others who have different personality traits, interests, or physical attributes.

Homogamy

The tendency of like to mate with like.