What is the linear trend equation that best fits the data

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Reference no: EM131930274

Question: Consider the data from Problem.

(a) Develop a sales forecast for each quarter in year 5 by using the multiplicative decomposition model.

(b) Repeat the computations by using an additive decomposition model.

Problem: Quarterly sales figures for the Cavill Pump Company, in thousands, for the past four years are shown in the following table:

(a) Forecast the demand for the first quarter of year 5 by using a four-period moving average model.

(b) What is the linear trend equation that best fits the data? Forecast the demand for the first quarter of year 5 by using this equation.

Reference no: EM131930274

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