Here are the sales data for the past 6 periods. It is known…

Here are the sales data for the past 6 periods. It is known that a three-period seasonality exists. Assume the linear regression line for the deseasonalised demand is Y=486.14+55.96t. From these data, answer the following four questions. PERIOD ACTUAL PERIOD ACTUAL 1 300 4 416 2 540 5 760 3 885 6 1191 What is the forecast of demand for period 7? 

When Arjun, a marketing manager at a medical equipment firm,…

When Arjun, a marketing manager at a medical equipment firm, realized that his plan to increase sales levels was not producing the results he desired, he took quick action to make necessary adjustments. According to this scenario, Arjun was exercising the management function of