13 U) 977 is 88 978 is 93 979 is 99 980 is 109 00 units se estimate the value of demand for next 3 years g trend analysis,

Practical Management Science
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Chapter2: Introduction To Spreadsheet Modeling
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Following data on the demand for sewing machines
manufactured by Taylor and Son Co. have been
compiled for the past 10 years.
Year 1971 1972 1973 1974 1975 1976 1977 1978
1979 1980
Demand for year 1971 is 58
for 1972 is 65
for 1973 is 73
for 1974 is 76
for 1975 is 78
for 1976 is 87
for 1977 is 88
for 1978 is 93
for 1979 is 99
for 1980 is 109
in 1000 units
Please estimate the value of demand for next 3 years
using trend analysis.
Transcribed Image Text:Title Following data on the demand for sewing machines manufactured by Taylor and Son Co. have been compiled for the past 10 years. Year 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 Demand for year 1971 is 58 for 1972 is 65 for 1973 is 73 for 1974 is 76 for 1975 is 78 for 1976 is 87 for 1977 is 88 for 1978 is 93 for 1979 is 99 for 1980 is 109 in 1000 units Please estimate the value of demand for next 3 years using trend analysis.
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