Question: Following are the data on demand for white bread loaves at a bakery. a . Develop a linear trend equation for the above data on
Following are the data on demand for white bread loaves at a bakery.
a Develop a linear trend equation for the above data on demand for white bread loaves at a bakery use of Excel's Trendline, with
display Equation on chart option, is recommended and use It to forecast demand on day Round the final answers to decimal
places.
Forecast demand on day
b The varlations around the linear trend line seem to have above and belowtheIne runs. Therefore, use trendadjusted exponentlal
smoothing with and to model the bread demand. Use the first four days to estimate the smoothed initial trend that you
use for periods and use the Increase from day to day divided by Also, use to estimate Start forecasting day What is
the forecast for day Round the final answers to decimal places.
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