Predict annual sales for the year 2006 using the equation, Operation Management

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Predict annual sales for the year 2006 using the equation

Discuss the below:

Q: A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream.

Ft = 80 + 15t

where

Ft = Annual Sales (000 bottles)
t = 0 corresponds to 1990

a. Are annual sales increasing or decreasing? By how much?

b. Predict annual sales for the year 2006 using the equation.

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Operation Management: Predict annual sales for the year 2006 using the equation

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