Question: Monthly usage data for pallets used in a distribution center are as follows: Month 1 2 3 4 January 1 , 4 8 4 1
Monthly usage data for pallets used in a distribution center are as follows:
MonthJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
Calculate the monthly usage index for each month.
Use simple linear regression to forecast total usage of pallets for year
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