Ask Question
22 June, 19:29

A manager uses the following equation to predict monthly receipts: Yt = 40,000 + 150t. What is the forecast for April of Year 2019 if t = 0 in January of Year 2019 and seasonal factor for April is SApril = 1.10?

+4
Answers (1)
  1. 22 June, 20:01
    0
    Answer is $40450.

    Explanation:

    T indicates month here. If January is 0, April would be the third month so t will be 3.

    Forecast for April = 40000 + 150*3 = $40450
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A manager uses the following equation to predict monthly receipts: Yt = 40,000 + 150t. What is the forecast for April of Year 2019 if t = 0 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers