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While conducting an end-of-year finished goods inventory at his furniture store,

While conducting an end-of-year finished goods inventory at his furniture store, Bob was able to construct the

following data on of his nonseasonal furniture items.
– Use trend projection to estimate the relationship between time and sales (state the equation).
– Calculate forecasts for the remaining 5 months of the next year.

1            2             3               4                       5                 6               7 

Jan         Feb       Mar           Apr                   May            June         july

53          57          55              59                      64                71           55 

 
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