Question
Use the data files for U.S. retail sales (US_Retail_sales_2.xlsx Download US_Retail_sales_2.xlsx) and for the U.S. Consumer Price Index (US_CPI_2.xlsx Download US_CPI_2.xlsx) to create a series
Use the data files for U.S. retail sales (US_Retail_sales_2.xlsx Download US_Retail_sales_2.xlsx) and for the U.S. Consumer Price Index (US_CPI_2.xlsx Download US_CPI_2.xlsx) to create a series called "real prices" by dividing sales by the CPI; then replicate Figures 1.2(page 9/slide 15), 1.5(page 11/slide 19), and 1.6(page 12/slide 19) for this series. Compare your results with the three figures provided in the text, commenting on major differences
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OM operations management
Authors: David Alan Collier, James R. Evans
5th edition
1285451376, 978-1285451374
