The trend equation fitted to a series of salesdata is given byY = 1600 + 200Xwhere X upnit is one year and the origin is at2001. The company has the production capacityof 3600 units a year. Find by what year will thecompany's expected sales have equalled itspresent production capacity (assuming thattrend will continue as before).

Given: The trend equation is as shown below y = 1600 + 200x Estimated y = 3600

Answered: The trend equation fitted to a series…

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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The trend equation fitted to a series of sales data is given by Y = 1600 + 200X where X upnit is one year and the origin is at