SUBJECT NAME: PRODUCTION AND OPERATION

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It is found that there is a good correlation between the number of newly employed people in an area & the sales of cars. It is found that a person buys a car only after one year of employment; find the estimated sales of cars in 2021 from the data given below. It is assumed that anticipated new employment in 2021 will be 7,000. Year 2015 2016 2017 2018 2019 2020 New Employment 6000 8000 7000 6000 8000 10,000 5000 6200 Sales of watches 5800 5000 6000 5200 It is found that there is a good correlation between the number of newly employed people in an area & the sales of cars. It is found that a person buys a car only after one year of employment; find the estimated sales of cars in 2021 from the data given below. It is assumed that anticipated new employment in 2021 will be 7,000