Question: Problem 10 Question Help A convenience store recently started to carry a new brand of soft drink Management is interested in estimating future sales volume

Problem 10 Question Help A convenience store
Problem 10 Question Help A convenience store recently started to carry a new brand of soft drink Management is interested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per wook Use both the trend projection with regression and the exponential smoothing (let 04 with an initial forecast for week 1 of 578) methods to forecast demand for week 13. Compare these methods by using the mean absolute deviation and mean absoluto percent error performance criteria Does your analysis suggest that sales are trending and if so, by how much? Period 1 2 3 6 008 10 Sales 7 723 11 735 670 8 711 9 710 670 12 742 to obtain the trend projection with regression forecast The forecast for week 13 is Enter your response rounded to the nearest whole number) Enter your answer in the answer box and then click Check Answer 5 romaning Clear All Check

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