The following data relate the sales figures of the bar in Mark Kaltenbachs small bed-and-breakfast inn in

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The following data relate the sales figures of the bar in Mark Kaltenbach’s small bed-and-breakfast inn in Portand, to the number of guests registered that week:

WEEK GUESTS BAR SALES 1 16 $330 2 12 270 3 18 380 4 14 300

a) Perform a linear regression that relates bar sales to guests (not to time).

b) If the forecast is for 20 guests next week, what are the sales expected to be? LOP1

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Operations Management Sustainability And Supply Chain Management

ISBN: 9781292295039

13th Global Edition

Authors: Jay Heizer, Barry Render, Chuck Munson

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