In: Operations Management
Month |
Number of cars Sold |
||||
1 |
79 |
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2 |
79 |
||||
3 |
86 |
||||
4 |
93 |
||||
5 |
101 |
||||
6 |
107 |
||||
7 |
102 |
||||
8 |
What is the Trend equation for the above data?
What is the expected sales for the 8th month based on the Trend method?
How much error is there in this forecasting method using MAD?
All the parts have been done as shown.
Note: In case of any doubt, please mention it in the comment section.