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Based on Annual Data from 2000-2010,the Gadget Company Estimates That

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Essay

Based on annual data from 2000-2010,the Gadget Company estimates that sales are growing according to a linear trend:
Q = 50,000 + 200t
where t is time and t = 0 in 2000.
a.Forecast sales for 2013.
b.Do you see any problems with this forecasting method?


Definitions:

Proof Load

A specific load value, often used in testing, that a component or assembly can bear without permanent deformation or failure.

Tensile Strength

A measure of the maximum amount of stress a material can withstand while being stretched or pulled before breaking.

Minimum Yield Strength

The lowest stress at which a material begins to deform permanently, important in material selection for engineering.

Twisting Force

Also known as torque, it's the force that causes an object to rotate about an axis, fulcrum, or pivot.

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