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The following equation is used to predict quarterly demand: Yt = 350 - 2.5 t, where t = 0 is the second quarter of last
The following equation is used to predict quarterly demand: Yt = 350 - 2.5 t, where t = 0 is the second quarter of last year. Quarterly indices are: Q1 = 1.4; Q2 = 0.8; Q3 = 1.1; and Q4 = 0.7. What is the forecast for the fourth quarter of this year? a. 335.0 b. None of the answers provided c. 201.0 d. 234.5 e. 268.0
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