A manager uses the following equation to predict monthly receipts: Yt = 4,000 + 30t. What is the forecast for July of next year if t = 0 in April of this year?
The following data summarizes the historical demand for a product:
Month Actual Demand
March 20
April 25
May 40
June 35
July 30
August 45
Answer: t = 15, so Yt = 4450
Business
You might also like to view...
In the ______ conflict handing style, individuals communicate in a way that stresses openness and the candid exchange of logic and emotion. They are often unwilling to sacrifice either their own, or the group’s, overall goals.
a. avoiding b. dominating c. compromising d. integrating
Business
An assumptive close is most effective with:
A. service providers. B. long-term customers. C. consumer goods. D. new prospects. E. industrial products.
Business
Only U.S. citizens can bring a claim under Title VII
Indicate whether the statement is true or false
Business
What is the difference between weight and mass?
Business