A B C D y= 117.47-0.13x y= 112.7+3x y= 117.47+0.13x y= 112.7-2x Franklin Tooling, Inc., manufactures specialty tooling for firms in the paper-making industry. All of their products are engineer-to-order and so the company never knows exactly what components to purchase for a tool until a customer places an order. However, the company believes that weekly demand for a few components is fairly stable. Component 135.AG is one such item. The last 3 weeks of historical use of component 135.AG is recorded below. Week 1 2 3 Demand 117 116 123 Calculate the trend equation for forecasting by using the least-squares regression method (round your response to two decimal places).
A B C D y= 117.47-0.13x y= 112.7+3x y= 117.47+0.13x y= 112.7-2x Franklin Tooling, Inc., manufactures specialty tooling for firms in the paper-making industry. All of their products are engineer-to-order and so the company never knows exactly what components to purchase for a tool until a customer places an order. However, the company believes that weekly demand for a few components is fairly stable. Component 135.AG is one such item. The last 3 weeks of historical use of component 135.AG is recorded below. Week 1 2 3 Demand 117 116 123 Calculate the trend equation for forecasting by using the least-squares regression method (round your response to two decimal places).
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Please do not provide answer in image formate, thank you
Transcribed Image Text:A
B
D
y= 117.47-0.13x
y= 112.7+3x
y= 117.47+0.13x
y= 112.7-2x
Franklin Tooling, Inc., manufactures specialty tooling for firms in the paper-making industry. All of their
products are engineer-to-order and so the company never knows exactly what components to
purchase for a tool until a customer places an order. However, the company believes that weekly
demand for a few components is fairly stable. Component 135.AG is one such item. The last 3 weeks
of historical use of component 135.AG is recorded below.
Week
1
2
3
Demand
117
116
123
Calculate the trend equation for forecasting by using the least-squares regression method (round
your response to two decimal places).
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