What is the seasonally adjusted forecast for the third quarter of this year?
The following equation is used to predict quarterly demand: Yt = 300 - 2t where = 1 in the second quarter of last year. quarterly seasonal indices are Q1 = 1.5; Q = .8; Q3 = 1.1; and Q4 = .6.
A. 314.6 B. 316.6 C. 316.8 D. 314.8 E. None of the above