The Equation of the Trend Line for the Data Based

question 29

Multiple Choice

The equation of the trend line for the data based on sales (in $1000) of a local restaurant over the years 2005-2010 is Sales= -265575+132.571*year.Using the trend line, the forecast sales for the year 2012 is ________

• A)$1,157.85
• B)$1,157,850
• C)$132,571
• D)$2,673,304
• E)$1,000,327

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Definitions:

Inventory Control

The supervision of supply, storage, and accessibility of items to ensure an adequate supply without excessive oversupply.

Information Technology

The employment of computers, storage systems, networking, and various physical components, infrastructure, and procedures for generating, processing, storing, safeguarding, and sharing electronic data in all its forms.

Warehouse Management System

A software application designed to support and optimize warehouse or distribution center management operations and processes.

Automated Data Collection

The use of technology tools like scanners, barcodes, and software to collect data automatically.