The Year 4 forecast is written as 357 because the instructor rounds the exact calculated value of 357.2 to the nearest whole number. Demand is treated as discrete units in this context, so fractional forecasts are rounded off before being recorded in the table.
Conditions: The raw calculated value for Year 4 is 357.2.; The instructor applies a rounding convention to record whole numbers in the table.; Demand is assumed to be measured in discrete units.
The Year 4 forecast is written as 357 because the instructor rounds the exact calculated value of 357.2 to the nearest whole number. Demand is treated as discrete units in this context, so fractional forecasts are rounded off before being recorded in the table.
Conditions: The raw calculated value for Year 4 is 357.2.; The instructor applies a rounding convention to record whole numbers in the table.; Demand is assumed to be measured in discrete units.