Are annual sales increasing or decreasing

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Reference no: EM131034459

A cosmetics manufacturer’s marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream.

Ft = 60 + 13t

where

Ft = Annual Sales (000 bottles)

t = 0 corresponds to 1990

a. Are annual sales increasing or decreasing? By how much?

Annual sales are (increasing or decreasing) by ____________ thousands bottles per year.

b. Predict annual sales for the year 2006 using the equation.

Annual sales are _____________ thousands of bottles.

Reference no: EM131034459

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