The following time tenet demand data will be used to produce
The following time tenet demand data will be used to produce a demand forecast for 2015. Plot the data. Do you notice a trend effect? A seasonal effect? Develop induction for each quarter using the technique demonstrated in class. Depersonalize the demand data. Develop a linear trend line to estimate the trend component. State the trend line equations you developed. Use the trend and seasonal factors to estimate demand (e.g., forecast demand) for each quarter of 2015.
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