Consider the following information: Year Quarter Actual Sales (000) 2018 1 20 2 15 3 22 4 35 2019 1 24 2 18 3 25 4 45 2020 1 15 2 05 3 28 4 40 Forecast demand using trend projection method taking into consideration seasonality for the year 2021.
Consider the following information: Year Quarter Actual Sales (000) 2018 1 20 2 15 3 22 4 35 2019 1 24 2 18 3 25 4 45 2020 1 15 2 05 3 28 4 40 Forecast demand using trend projection method taking into consideration seasonality for the year 2021.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.3: Simple Regression Models
Problem 5P: Management of a home appliance store wants to understand the growth pattern of the monthly sales of...
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Question
Consider the following information:
Year |
Quarter |
Actual Sales (000) |
2018 |
1 |
20 |
|
2 |
15 |
|
3 |
22 |
|
4 |
35 |
2019 |
1 |
24 |
|
2 |
18 |
|
3 |
25 |
|
4 |
45 |
2020 |
1 |
15 |
|
2 |
05 |
|
3 |
28 |
|
4 |
40 |
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