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Problem 18-24 (Algo) Zeus Computer Chips, Incorporated used to have major contracts to produce low-density memory chips. The market has been declining during the past
Problem 18-24 (Algo) Zeus Computer Chips, Incorporated used to have major contracts to produce low-density memory chips. The market has been declining during the past three years because of the new high-density chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. Here is the demand over the past 12 quarters: QUARTER DEMAND QUARTER DEMAND QUARTER DEMAND 4,798 5 1 2 3,498 9 3,210 3,498 6 10 2,090 2,698 7 3,490 8 2,698 2,390 1,698 234 3 4 4,290 2,998 Period 13 14 15 16 Use regression and seasonal indexes to forecast the demand for the next four quarters. Note: Round your intermediate calculations and final answers to 2 decimal places. 11 12 Forecast (Units)
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