Arkind, an Indian company, is a global manufacturer and supplier of denim jeans to apparel retailers around the world. It purchases baled cotton around the world, ships it to its denim fabric factories, then to its denim jeans manufacturing facilities. Its cotton purchases and manufacturing and shipping plans depend on an accurate forecast of denim jeans demand. Arkind believes there might be a strong relationship between cotton production and denim jeans demand that will enable them to include cotton production as part of its forecasting process. Following are global cotton production and denim jeans sales for the past six years.

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COTTON PRODUCTION DENIM JEANS SALES YEAR (MILLION BALES) (MILLIONS OF PAIRS) 123 1830 109 2010 3 118 1903 114 1875 5 103 2110 2005 109 2.