Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data are for one such item, which is not seasonal.
(a) Use a trend projection to estimate the relationship between time and sales (state the equation).
(b) Calculate forecasts for the first four months of the next year.

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The Answer of Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data are for one such item, which is not seasonal.
(a) Use a trend projection to estimate the relationship between time and sales (state the equation).
(b) Calculate forecasts for the first four months of the next year.

Favors Distribution Company Purchases Small Imported Trinkets in Bulk, Packages