Question

A textbook publishing company has compiled data on total annual sales of its business texts for the preceding nine years:


a. Using an appropriate model, forecast textbook sales for each of the next five years.
b. Prepare a control chart for the forecast errors using the original data. Use 2s limits.
c. Suppose actual sales for the next five years turn out as follows:


Is the forecast performing adequately?Explain.


$1.99
Sales2
Views203
Comments0
  • CreatedDecember 30, 2014
  • Files Included
Post your question
5000