Question

In: Operations Management

Following table shows the monthly sales of cars at a dealership: Month Number of cars Sold...

  1. Following table shows the monthly sales of cars at a dealership:

Month

Number of cars Sold

1

79

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?

Solutions

Expert Solution

All the parts have been done as shown.

Note: In case of any doubt, please mention it in the comment section.

keosha answered 1 year ago
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