Question: (ASAP). Answer please correctly because many previous answer were given wrong for this question. Ross Stores Inc. purchases imported high end cosmetics in bulk, packages

(ASAP). Answer please correctly because many previous answer were given wrong for this question.

(ASAP). Answer please correctly because many

Ross Stores Inc. purchases imported high end cosmetics in bulk, packages them, and sells them in its 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. What is the forecast for the second month of the next year (period 14)? (Hint:Use a trend projection to estimate the relationship between time and sales (find the equation). Period Month Sales 1 Jan 43 2 Feb 48 3 Mar 52 4 57 5 62 6 68 7 71 Apr May Jun Jul Aug Sep Oct Nov 8 75 9 77 82 10 11 86 12 Dec 91 99.68 95.41 -5.99 48.44

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