Create forecasts using trend projection by regression method


The demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s, is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The following table shows the actual sales history for January - October.

Month Sales Sales
January 890,000 July 710,000
February 800,000 August 730,000
March 825,000 September 680,000
April 840,000 October 670,000
May 730,000 November
June 780,000 December

Generate forecasts for November - December, using the trend projection by regression method.

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Operation Management: Create forecasts using trend projection by regression method
Reference No:- TGS077921

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