The demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s, is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The following table shows the actual sales history for January–October. Generate forecasts for November–December, using the trend projection with regression method. Looking at the accuracy of its forecasts over the history file, as well as the other statistics provided, how confident are you in these forecasts for November–December? Month Sales Month Sales January Februray March April May June 890,000 800,000 825,000 840,000 730,000 780,000 July August September October November December 710,000 730,000 680,000 670,000
The demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s, is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The following table shows the actual sales history for January–October. Generate
| Month | Sales | Month | Sales |
|
January Februray March April May June |
890,000 800,000 825,000 840,000 730,000 780,000 |
July August September October November December |
710,000 730,000 680,000 670,000
|
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