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A cosmetics manufacturer's marketing department has developed a linear trend equation that is used to predict sales of its popular Facial Cream.

FT = 70 + 10 T

where FT = Annual Sales (000 bottles, i.e. in thousands of bottles)

Note that T= 0 corresponds to year 2000

Predict the sales for the year 2014 using the equation.

Select one:

a. None of the above

b. 20,070 bottles

c. 210,000 bottles

d. 20,210 bottles

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92521897

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