Department store wants to forecast merchandise returns

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Reference no: EM131750821

The manager of a department store wants to forecast merchandise returns for THIS WEEK based on the following historical data: WEEK ACTUAL NUMBER OF RETURNS

Three weeks ago 60

Two weeks ago 61

One week ago 65

THIS WEEK NOT KNOWN

Use TREND PROJECTIONS method to forecast merchandise returns for THIS WEEK. (Hint: ‘Three weeks ago’ will have a value of ‘1’ in the equation of the trend line, and by the same logic ‘One week ago’ will have a value of ‘3’ in the equation of the trend line.) Select one:

a. 66 returns

b. 67 returns

c. 68 returns

d. 69 returns

e. 65 returns

Reference no: EM131750821

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