1. What should Julie conclude about the retail sales series?
2. Has Julie made good progress toward finding a forecasting technique?
3. What forecasting techniques should Julie try?
4. How will Julie know which technique works best?
In 1958, the Murphy brothers established a furniture store in downtown Dallas. Over the years, they were quite successful and extended their retail coverage throughout the West and Midwest. By 1996, their chain of furniture stores had become well established in 36 states.