historical demand for a product goes as follows: using simple linear regression, calculate the trendline. say the
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historical demand for a product goes as follows:
using simple linear regression, calculate the trendline. say the x axis is 1 for april , 2 for many and so on and so on.
Calculate a forecast for october using your regression formula
month | demand |
april | 58 |
may | 54 |
june | 74 |
july | 58 |
august | 76 |
september | 73 |
Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
Posted Date: