onths up to October 2020. The Actual sales renect a 5 % lower number than the forecasted demand for each month up to June 2020 and a tog higher number than the forecasted demand forduly , August September and October 2020 The selling price per unit of the product is fwed at RO 10. What is the forecast for May 2020 using the least squares method ? A. 5415 ( Rounded olt )

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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A company forecasted demand of one of the product was 200 units in January 2020 with an increase of 10 over July month for the subsequent months up to October 2020. The Actual sales renect a 5 % lower number than the forecasted demand for each month up to June 2020 and a tog higher number than the forecasted demand forduly , August September and October 2020 The selling price per unit of the product is fwed at RO 10. What is the forecast for May 2020 using the least squares method ?
A. 5415 ( Rounded olt )
B. 5333 ( Rounded on )
None of the given option
5850 ( Rounded oft )

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