Demand for a Certain Product Is Forecast to Be 8,000

question 25

Short Answer

Demand for a certain product is forecast to be 8,000 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?

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Definitions:

Add

In mathematics, it refers to the operation of combining two or more quantities to achieve a sum.

Conj

Conj, short for conjunction, refers to the logical operator that connects two propositions, statements, or terms, where the compound statement is true if both components are true.

Simp

A colloquial expression indicating someone who goes to great lengths to gain the favor of another, often ignoring their own dignity.

Add

To combine one or more numbers or values to get a sum or total.