The Ozzle Chocolate Company is a small candy manufacturer th

The Ozzle Chocolate Company is a small candy manufacturer that specializes In dark chocolate candles. The firm has grown rapidly In recent years and is becoming concerned that Its supply chain Is less efficient than it should be. In particular. It\'s concerned about its level of Inventory. Below is data from Its annual report. Analyze the data and answer the following question. Calculate the weeks of supply on hand for this data. Your answer should have three (3) decimal places in It. not type the units of measure into your answer. The system is only looking for a numencal value.

Solution

It is sales, Regression model defines with responsive variable = a + b ( explanatory Variable)