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Okay, here are the steps to forecast demand for year 6 using the trend projection method: 1) The given data shows a linear trend in demand over the years 1 to 4: Year Demand 1 200,000 2 250,000 3 300,000 4 350,000 2) Using linear regression, we get the trend line equation as: Y = 50,000x + 200,000 3) Plugging x = 6 in the above equation, we get: Y = 50,000*6 + 200,000 = 300,000 + 200,000 = 500,000 Therefore, the forecasted demand for

Author

mesfin

Language

EN