What is the forecasted number of cars sold in period 12. if there is an additive seasonal factor of 55?

A car dealer uses the following trend equation to estimate the number of cars sold each quarter

Y = 120 + 3t

Where y = number of cars sold each quarter and t = time period expressed in units

What is the forecasted number of cars sold in period 12. if there is an additive seasonal factor of 55?
A . 156
B . 101
C . 211
D . 139

View Answer

Answer: C