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Worked Problems ( Show your calculations in order to get full credit ) Favors Distribution Company purchases small imported trinkets in bulk, packages them, and

Worked Problems (Show your calculations in order to get full credit) Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. They are conducting an inventory control study of all their items. The following data for the year 2006 are for one such item, which is not seasonal Jan JunJul Month Sales Feb Mar Apr May 19172120 Aug 18192023 Use trend projection to estimate the relationship between time and sales (state the trend line equation in this problem) bCalculate forecasts for February 2007, April 2007, and February 2008

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