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A corvenlence store recently started to carry a new brand of soft drink. Management is inferested in estimating future sales volume to determine whether it

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A corvenlence store recently started to carry a new brand of soft drink. Management is inferested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week. Use both the trend projection with regression and the exponential smoothing (let =0.4 with an initial forecast for week 1 of 599 ) mothods to forecast demand for week 13 . Compare these mothods by using the mean absolute doviation and mean absolute percent error performance criteria. Does your analysis suggest that sales are trending and if so, by how much? (i) Obtain the trend projection with regression forecast The forecast for week 13 is (Enter your response rounded to the nearest whole number)

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