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Apatix Apatix
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8 years ago
Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data are for one such item, which is not seasonal.

a. Use a trend projection to estimate the relationship between time and sales (state the equation).
b. Calculate forecasts for the first four months of the next year.

   1   2   3   4   5   6   7   8   9   10   11   12
Month   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sep   Oct   Nov   Dec
Sales   51   55   54   57   50   68   66   59   67   69   75   73
Textbook 
Operations Management

Operations Management


Edition: 10th
Authors:
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HplyEvrAftrHplyEvrAftr
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