Linear trend equation, Operation Management

Assignment Help:
A cosmetics manufacturers marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand and Foot Cream. We are given F sub t= 80+15 sub t where F sub t is the annual sales and sub t= 0 corresponds to 1990. Need to know are the annual sales increasing or decreasing and by how much and predict annual sales for 2006 using the equation.

Related Discussions:- Linear trend equation

Explain ensures goals and satisfaction, All of the following items describe...

All of the following items describe the sponsor's responsibilities for the project EXCEPT: A. Defines performace / success criteria B. Selects a manageable set of project to

Explain teplitz decides to increase the weights for quantity, Charles Tepli...

Charles Teplitz's firm wishes to use factor rating to help select and outsourcing provider of logistics services. A) with weights 1-5(5 highest) and ratings 1-100 (100 highest), us

Explain asset has negative risk, Suppose rf is 5% and rM is 10%. According ...

Suppose rf is 5% and rM is 10%. According to the SML and the CAPM, an asset with a beta of -2.0 has a required return of negative 5% [= 5 - 2(10 - 5)]. Can this be possible? Does t

Explain the preferred process for space and equipment, Susan is considering...

Susan is considering outsourcing the daily room clean-up for her motel to Duffy's Maid Service. Susan rents an average of 50 rooms rented for each of 365 nights (365*50=total rooms

Mass customisation - operation strategy, Mass Customisation - Operation Str...

Mass Customisation - Operation Strategy This example of mass customisation is rather limited in scope to denim trousers. A customer who wishes to purchase a jacket of a partic

Explain about the intention of survey or sample of buyer, Explain about the...

Explain about the intention of survey or sample of buyer Survey or sample of buyer’s intentions preferably suited for short and medium-term sales forecasting, the outcomes

Explain procedure of job evaluation, Explain procedure of job evaluation. ...

Explain procedure of job evaluation. Procedure of Job Evaluation:   The procedure for job evaluation is as specified below: (i)  Know the jobs to evaluate. (ii) Selec

Explain differentiate between a workcentre, Differentiate between a WorkCen...

Differentiate between a WorkCentre and a manufacturing cell

Define how customers were affected the bp oil spill disaster, How customers...

How customers were affected the BP oil spill disaster in the gulf

Explain what the average inventory be for this lot size, 1.What would the a...

1.What would the average inventory be for this lot size? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) 2. Determine th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd