Question: Complete answers please Buck Star has implemented a linear trend equation model to forecast sales. Actual monthly sales from January 2021 to January 2022 are
Complete answers please
Buck Star has implemented a linear trend equation model to forecast sales. Actual monthly sales from January 2021 to January 2022 are shown in the attached table. 1. Forecast the sales using linear trend equation from January 2021 to January 2022 using MINITAB software. 2. Buck Star would like to employ a tracking signal to measure the performance of its forecasting method. Determine the tracking signal from January 2021 to January 2022. 3. If the company uses a +4 to 4 controllimit, comment on the accuracy of the linear tread equation model. A B Year Month Actual Sales in thousands 37 2021 40 41 37 45 3 50 January February March April May June July August September October November December January 43 LO 47 1 56 12 52 13 55 54 14 15 16 2022 55 Buck Star has implemented a linear trend equation model to forecast sales. Actual monthly sales from January 2021 to January 2022 are shown in the attached table. 1. Forecast the sales using linear trend equation from January 2021 to January 2022 using MINITAB software. 2. Buck Star would like to employ a tracking signal to measure the performance of its forecasting method. Determine the tracking signal from January 2021 to January 2022. 3. If the company uses a +4 to 4 controllimit, comment on the accuracy of the linear tread equation model. A B Year Month Actual Sales in thousands 37 2021 40 41 37 45 3 50 January February March April May June July August September October November December January 43 LO 47 1 56 12 52 13 55 54 14 15 16 2022 55


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