Table 10.7
$$\begin{array} { | c | c | }
\hline \text { Month } & \begin{array} { c }
\text { Units Sold } \
( 00 )
\end{array} \
\hline 1 & 150 \
2 & 145 \
3 & 160 \
4 & 180 \
5 & 220 \
\hline
\end{array}$$
-TOMBOW is a small manufacturer of pencils and has had the following sales record for the most recent five months: Use the information in Table 10.7.The forecast for month 2 is
A) less than or equal to 120 units.
B) greater than 120 but less than or equal to 140 units.
C) greater than 140 but less than or equal to 160 units.
D) greater than 160 units.

Question

Table 10.7
 $$\begin{array} { | c | c | } 
\hline \text { Month } & \begin{array} { c } 
\text { Units Sold } \
( 00 )
\end{array} \
\hline 1 & 150 \
2 & 145 \
3 & 160 \
4 & 180 \
5 & 220 \
\hline
\end{array}$$
-TOMBOW is a small manufacturer of pencils and has had the following sales record for the most recent five months: Use the information in Table 10.7.The forecast for month 2 is
A) less than or equal to 120 units.
B) greater than 120 but less than or equal to 140 units.
C) greater than 140 but less than or equal to 160 units.
D) greater than 160 units.

Quizplus · Accepted Answer

The forecast for month 2 is based on the sales of month 1, which is 150 units. Therefore, it is greater than 140 but less than or equal to 160 units.

Table 107 -TOMBOW Is a Small Manufacturer of Pencils and Has Had