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The following is the Forecasting model for a FOUR season product; the model has been in use since 2012; the period 1 of that year was season 1. Make a forecast for period 56. The linear regression model for de-seasonalized demand forecast is given by: F-d-2.7 t + 21

The following is the Forecasting model for a FOUR season product; the model has been in use since 2012; the period 1 of that year was season 1. Make a forecast for period 56. The linear regression model for de-seasonalized demand forecast is given by: F-d-2.7 t + 21

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The following is the Forecasting model for a FOUR season product; the model has been in use since 2012; the period 1 of that year was season 1. Make a forecast for period 56. The linear regression model for de-seasonalized demand forecast is given by: F-d 2.7 t +21 The seasonal indexes are: s1 = 09; s2 = 1.4; s3 1.1; s4 0.6 Round your answer to TWO places of decimal.
Transcribed Image Text:The following is the Forecasting model for a FOUR season product; the model has been in use since 2012; the period 1 of that year was season 1. Make a forecast for period 56. The linear regression model for de-seasonalized demand forecast is given by: F-d 2.7 t +21 The seasonal indexes are: s1 = 09; s2 = 1.4; s3 1.1; s4 0.6 Round your answer to TWO places of decimal.
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