Choose the correct graph of the forecast demands below. ○ A. 70- 65- 60- 55- 50- 45- ○ C. Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. 65- 50- 45- 40+ Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. 70- 65 B. 60- 55 50 45- 404 D. Q 65- 60- 55- 50- 45- Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. Q Prepare a graph of the monthly forecasts and average forecast demand for Chicago Paint Corp., a manufacturer of specialized paint for artists. Compute the demand per day for each month (round your responses to one decimal place). Month Production Days Demand Forecast Demand per Day January 21 950 February 19 1,150 March 21 1,250 April 22 1,250 May 21 1,200 June 22 1,300 July 22 1,250 August 21 1,150 September 22 1,150 October 22 1,000 November 21 1,000 December 21 850

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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Question
Choose the correct graph of the forecast demands below.
○ A.
70-
65-
60-
55-
50-
45-
○ C.
Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
65-
50-
45-
40+
Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
70-
65
B.
60-
55
50
45-
404
D.
Q
65-
60-
55-
50-
45-
Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
Q
Transcribed Image Text:Choose the correct graph of the forecast demands below. ○ A. 70- 65- 60- 55- 50- 45- ○ C. Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. 65- 50- 45- 40+ Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. 70- 65 B. 60- 55 50 45- 404 D. Q 65- 60- 55- 50- 45- Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. Q
Prepare a graph of the monthly forecasts and average forecast demand for Chicago Paint Corp., a manufacturer of specialized paint for artists.
Compute the demand per day for each month (round your responses to one decimal place).
Month
Production Days
Demand Forecast
Demand per Day
January
21
950
February
19
1,150
March
21
1,250
April
22
1,250
May
21
1,200
June
22
1,300
July
22
1,250
August
21
1,150
September
22
1,150
October
22
1,000
November
21
1,000
December
21
850
Transcribed Image Text:Prepare a graph of the monthly forecasts and average forecast demand for Chicago Paint Corp., a manufacturer of specialized paint for artists. Compute the demand per day for each month (round your responses to one decimal place). Month Production Days Demand Forecast Demand per Day January 21 950 February 19 1,150 March 21 1,250 April 22 1,250 May 21 1,200 June 22 1,300 July 22 1,250 August 21 1,150 September 22 1,150 October 22 1,000 November 21 1,000 December 21 850
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