The Demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s, is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The following table shows the actual sales history for January - October. Generate forecasts for November - December, using the trend projection by regression method. Month Sales Month January 910,000 June February 800,000 July March 790,000 August 820,000 September 795,000 October 665,000 April May Sales 745,000 715,000 Period November December 705,000 690,000 Obtain the forecasts for November and December. (Enter your responses rounded to the nearest whole number.) Forecast, Ft

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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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The Demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s,
is experiencing a decline. The company wants to monitor demand for this product closely as
it nears the end of its life cycle. The following table shows the actual sales history for
January - October. Generate forecasts for November - December, using the trend projection
by regression method.
Month
Sales
Month
Sales
January 910,000
June
745,000
February 800,000
July
715,000
March 790,000
August
705,000
April 820,000 September 690,000
795,000 October 665,000
May
Obtain the forecasts for November and December. (Enter your responses rounded to the
nearest whole number.)
Period
November
December
Forecast, Ft
Transcribed Image Text:The Demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s, is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The following table shows the actual sales history for January - October. Generate forecasts for November - December, using the trend projection by regression method. Month Sales Month Sales January 910,000 June 745,000 February 800,000 July 715,000 March 790,000 August 705,000 April 820,000 September 690,000 795,000 October 665,000 May Obtain the forecasts for November and December. (Enter your responses rounded to the nearest whole number.) Period November December Forecast, Ft
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