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MGMT2026 Production and Operations Management The number of students enrolled in Spring Valley Elementary school has been steadily increasing over the past five years. The School Board would like to forecast enrolment for years 6 and 7 in order to better plan capacity. The past five years enrolment is indicated in table 3: Table 3 Year Enrolment 1 220 2. 245 3. 256 4 289 310 Assuming a linear trend, use the tabular method to derive values for: a. the slope b. the intercept c. Forecast period 6 enrolment.

MGMT2026 Production and Operations Management The number of students enrolled in Spring Valley Elementary school has been steadily increasing over the past five years. The School Board would like to forecast enrolment for years 6 and 7 in order to better plan capacity. The past five years enrolment is indicated in table 3: Table 3 Year Enrolment 1 220 2. 245 3. 256 4 289 310 Assuming a linear trend, use the tabular method to derive values for: a. the slope b. the intercept c. Forecast period 6 enrolment.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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MGMT2026 Production and Operations Management The number of students enrolled in Spring Valley Elementary school has been steadily increasing over the past five years. The School Board would like to forecast enrolment for years 6 and 7 in order to better plan capacity. The past five years" 111 enrolment is indicated in table 3: Table 3 Year Enrolment 1 220 245 3. 256 4 289 310 Assuming a linear trend, use the tabular method to derive values for: a the slope b. the intercept c. Forecast period 6 enrolment. ed Kingdom
Transcribed Image Text:MGMT2026 Production and Operations Management The number of students enrolled in Spring Valley Elementary school has been steadily increasing over the past five years. The School Board would like to forecast enrolment for years 6 and 7 in order to better plan capacity. The past five years" 111 enrolment is indicated in table 3: Table 3 Year Enrolment 1 220 245 3. 256 4 289 310 Assuming a linear trend, use the tabular method to derive values for: a the slope b. the intercept c. Forecast period 6 enrolment. ed Kingdom
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