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A B C D E F G 1 23 4 Operations Management I Forecasting Research Assignment Research Time Series Data on a topic of
A B C D E F G 1 23 4 Operations Management I Forecasting Research Assignment Research Time Series Data on a topic of your choice. Forecast your data using Trend/Linear Regression to predict two future values. Clearly outline your data in Part A and include references for your source data 5 Please note that duplicate sources of source data will be monitored and grades adjusted as required. 6 Part A 7 Description of the forecasting model, data set used, its source and what you will be forecasting... 6 % 1 10 11 12 13 14 15 16 8 Part B 9 Forecasting Model 0 1 independent variable NOTE: Enter the requested data in ALL shaded areas. dependant variable 2 () (Y) x 3 4 5 6 7 8 9 x = y = |x2= xy= 0 :1 2 First Forecast n = 3 |(slope) b= 4 5 LO CO (y intercept) a = X value Forecast 6 Part C Analysis: what does your forecasting model predict? 7 XY X value Forecast Second Forecast PART A Monthly Retail Sales & Seasonal Factors Retail and food service for January to December 2022, using 2022 data to forecast the next year 2022 651557 662321 669958 674719 677115 684084 681108 685685 684538 691844 684988 677136 SSSD, retail trade@census gov. (n.d.). US Census Bureau Monthly and Annual Retail Trade Time Series/Seasonal Factors 1992 to Present. Www.census.gov. https://www.census.gov/retail/marts/www/timeseries.html
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