A cosmetic manufacturer''s marketing department

Assignment Help Operation Management

Reference no: EM1386258

a cosmetic manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular hand and foot cream.
Ft = 80 + 15t

where

Ft = annual sales (000 bottles)

t = 0 correspondents to 1990

are annual sales increasing or decreasing and by how much? Predict annual sales for the year 2006 using the equation.

Reference no: EM1386258

Questions Cloud

Types of plans that organizations can use : Critically discuss the different types of plans that organizations can use? What types of plans does your organization (webpros) use and why?

What is whistle blowing : What is whistle blowing, and why is it important to the study of business ethics? Provide details.

Discuss and explain the term transpiration pull : Explain the structures the dye passed through in order to get there and discuss and define the term transpiration-pull.

How rtsp vary from http in-band-out-of-band traffic : Describe how does RTSP vary from HTTP (a) in sustaining client state information; (b) in terms of in-band, out-of-band traffic?

A cosmetic manufacturer''s marketing department : a cosmetic manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular hand and foot cream.

Compute the forecasts for all quarters : Compute the forecasts for all quarters of 2010 using the three quarter weighted moving average, with the most recent data weighted at 0.5

Identifying gene mutations : The wild type fruit fly, Drosophilia melanogaster, has straight wings and long bristles. Mutant strains have been isolated that have either curled wings or short bristles.

Types of organizational structures : Compare three types of organizational structures(WorldCom). The different types are flat versus tall, centralized versus decentralized (coordination, authority and decision making), team-based, boundaryless, network-based and virtual.

Margin of error for the estimation : You want to create a 90% confidence interval for the true average number of yards per game he throws. What is the margin of error for this estimate?

User Account

All Pages