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Below are data on production, costs, and sales revenue of a poultry producing company in Lae. Year Production Cost Revenue 2010 300000 245100 500123 2011

Below are data on production, costs, and sales revenue of a poultry producing company in Lae. Year Production Cost Revenue 2010 300000 245100 500123 2011 400000 290100 590123 2012 600567 350000 760010 2013 572998 321 115 610389 2014 582986 325200 656300 2015 600675 351 100 765910 2016 774900 450980 800500 2017 568000 310450 600300 2018 250000 230355 489640 2019 231980 210678 450003 2020 355200 285000 570234 2021 456890 292300 595210 Undertake the following: 1. Forecast the production, costs and revenue for the company up to the year 2025. Interpret your results. 2. Backcast the production, costs and revenue for the company using trend analysis. Interpret your results

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