5. Sales data for 2 years are as follows. Data are aggregated with 2 months of sales...

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5. Sales data for 2 years are as follows. Data are aggregated with 2 months of sales in each “period.”

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a. Plot the data.

b. Fit a simple linear regression model to the sales data.

c. In addition to the regression model, determine multiplicative seasonal factors. A full cycle is assumed to be a full year.

d. Using the results from parts b and

c, prepare a forecast for the next year

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Related Book For  book-img-for-question

Manufacturing Planning And Control For Supply Chain Management The CPIM Reference

ISBN: 9781265138516

3rd Edition

Authors: F. Robert Jacobs, William Lee Berry, D. Clay Whybark, Thomas E. Vollmann

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