The table below shows annual demand (in 1,000,000 units per year) for Widgets. Use this information to calculate a constant growth forecasting model. Use your growth model to forecast demand for the years 1995 and 2000.
$$\begin{array} { c c }
\text { Year } & \text { Demand } \
1990 & 1.1 \
1991 & 1.5 \
1992 & 1.5 \
1993 & 1.8
\end{array}$$

Question

The table below shows annual demand (in 1,000,000 units per year) for Widgets. Use this information to calculate a constant growth forecasting model. Use your growth model to forecast demand for the years 1995 and 2000.
 $$\begin{array} { c c } 
\text { Year } & \text { Demand } \
1990 & 1.1 \
1991 & 1.5 \
1992 & 1.5 \
1993 & 1.8
\end{array}$$

Quizplus · Accepted Answer

The Answer of The table below shows annual demand (in 1,000,000 units per year) for Widgets. Use this information to calculate a constant growth forecasting model. Use your growth model to forecast demand for the years 1995 and 2000.
 $$\begin{array} { c c } 
\text { Year } & \text { Demand } \
1990 & 1.1 \
1991 & 1.5 \
1992 & 1.5 \
1993 & 1.8
\end{array}$$

The Table Below Shows Annual Demand (In 1,000,000 Units Per Year Demand 19901.119911.519921.519931.8\begin{array} { c c } \text { Year } & \text { Demand } \\1990 & 1.1 \\1991 & 1.5 \\1992 & 1.5 \\1993 & 1.8\end{array} Year 1990199119921993​ Demand 1.11.51.51.8​

The Table Below Shows Annual Demand (In 1,000,000 Units Per $\begin{array} { c c } \text { Year } & \text { Demand } \\1990 & 1.1 \\1991 & 1.5 \\1992 & 1.5 \\1993 & 1.8\end{array}$