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The operations manager of a manufacturing firm concerns about the sales performance of a particular product in the near future after looking at the historical
The operations manager of a manufacturing firm concerns about the sales performance of a particular product in the near future after looking at the historical data. The yearly sales revenues during the last three-year period are provided by the marketing people as follows: Year 2 3 Sales Revenue (thousand $) 187.2365 165.2341 167.9333 192.4325 125.4 148.2 151.6 What is the forecast for the 4th year's sales revenue by using linear trend method?
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