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Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control

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Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data are for one such item, which is not seasonal. 1 2 3 4 5 16 7 8 9 Month Jan Feb Mar Apr May Jun Jul Aug 10 11 12 Sep Oct Nov Dec Sales 51 55 54 57 50 68 66 59 67 69 75 73 a. Use a trend projection to estimate the relationship between time and sales (state the equation) [Select] b. What is the forecast for next January? [Select] c. What is the forecast for next April? [Select] d. What is the MAD for this forecast? [Select] e. What is the Correlation Coefficient? [Select] > >

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