26: The following trend projection, based on past 36 months (years 2014, 2015, and 2016) data is...
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26: The following trend projection, based on past 36 months (years 2014, 2015, and 2016) data is used to predict monthly demand:
Y = 250 + 1.5t, where t = 1 is the first month of year 2014 (January 2014)
What is the seasonally adjusted forecast for March 2017? It is given that the seasonal (monthly) index for March is 0.8.
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Related Book For
Production And Operations Management Systems
ISBN: 9781466507333
1st Edition
Authors: Sushil Gupta; Martin Starr
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