Data Table
a) Findlay's sales and inventory balances for the past 5 years are plotted in the graph below
Questions
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original question was blurry. this is clearer
(Forecasting and Findlay instruments produces a complete line of medica m ents used by polic surgeons and has p enced growth over the past years financing requirements. Findlay is currently attempting to constructa financial planning model based on the percent of sales forecasting method However, the firm's the financial inventories will be seriously in error. She recognizes that the firm has begun to subsamal economies of scale in its inventory investment and documented the fact the or make more accurate prediction of its concimed that the projections for owng datand ca n a. Plot Findlay's sales and inventions for the past 5 years. What the relationship between these two vanabes? b. Estimate firm inventories for 2019, when firm sales are propected to reach $20 million. Use the average percentage of sales for the past 5 years, the most recent percentage of ses, and your action of the r between the sales and inventories from part a to make three predictions elationship i Data Table (Click on the following icon YEAR 2014 in order to copy its contents into a spreadsheet.) INVENTORY ($000) % OF SALES SALES ($000) 7.64% $1,070 $14.000 17.000 1,110 6.53% 1,100 6.67% 16.500 19,000 1,130 5.95% 1.190 4.96% 24,000 Average 6.35% 2015 2016 2017 2018 Print Done Inventory (5000) ist 5 ye hief fine this fac 1500 nh centa ter edil 1400 1300 1200- 1100 35000 30000 1000+ 10000 20000 100 25000 Sales (5000) Which of the following best defines the relationship between these two variables? (Select the best choice below) O A. A parabolic function OB. A hyperbolic function O C. A linear function D. A logarithmic cylinder function O E. An exponential function O b. Use the average percentage of sales for the past 5 years to make the prediction What are the firm's projected inventories for 2019 when the sales are projected to reach $20 million? S (Hound to the nearest dollar) Use the most recent percentage of sales to make the prediction What are the firm's projected inventories for 2019 when the sales are projected to reach 20 million $ (Round to the nearest dollar) Use your evaluation of the true relationship between the sales and inventories from part a to make the prediction What are the firm's projected inventories for 2019 when the sales are projected to reach $20 million? 5 Pound to the nearest dolar) Click to select your answers) (Forecasting an verifores) Findlay Instruments produces a complete line of medical instruments used by plastic Surgeons and has experienced raped growth over the past 5 years in an effort to make more accurate predictions of financing requirements. Findlay is currently atempting to construct a financial planning model based on the percent of sales forecasting method. However, the firm's chief financial analysis concerned at the projections for inventories will be seriously in error. She recognizes that the firm has begun to b e comes of scale in its inventory and has documented this fact in the following data and calculations: a. Plot Findlay's sales and inventions for the past 5 years. What is the relationship between these two variables? b. Estimate firm inventories for 2019, when firm sales are projected to reach $20 million Use the average percentage of sales for the past years, the most recent percentage of sales and your evaluation of the true between the sales and inventones from porta to make three predictions bonship
