The following table shows the monthly sales data (in thousands of dollars) of a company for the
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Question:
The following table shows the monthly sales data (in thousands of dollars) of a company for the last 24 months. Perform a time series analysis on the data and forecast the sales for the next 6 months.
Month | Sales |
---|---|
1 | 10 |
2 | 12 |
3 | 11 |
4 | 14 |
5 | 16 |
6 | 18 |
7 | 21 |
8 | 25 |
9 | 28 |
10 | 26 |
11 | 30 |
12 | 35 |
13 | 38 |
14 | 42 |
15 | 44 |
16 | 48 |
17 | 50 |
18 | 54 |
19 | 57 |
20 | 60 |
21 | 63 |
22 | 67 |
23 | 72 |
24 | 76 |
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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