1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zepler [3.9K]
1 year ago
11

Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to​ _______ as the forecasti

ng horizon​ _______.
Business
1 answer:
Aleonysh [2.5K]1 year ago
8 0
Forecasting accuracy tends to decrease as the forecasting horizon increases.
Explanation—
It is harder to forecast far into the future. Accuracy is going to decrease because there are too many variables over more time. It is easier to forecast for just a few days in the future.
You might be interested in
What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.
NikAS [45]

Some non-monetary costs of attempting to eliminate risks a are  time costs, search costs, and psychological costs .

Non-Monetary cost is a cost which a buyer pays other than money, to acquire a thing.The non-monetary price of acquiring a product comprises the time spent looking for it and the risk taken that it will provide the desired benefits.    

 

Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service. When deciding whether to purchase a service or repurchase it, time costs, search costs, and psychological costs are frequently taken into consideration and may occasionally be more significant considerations than monetary price.

The psychological expenses associated with receiving these services are the most distressing non-monetary charges. Fear of rejection (bank loans), fear of not understanding (insurance), and worry of uncertainty (including fear of high cost) are all examples of fears.

To learn more about non-monetary costs here

brainly.com/question/1068495

#SPJ4

6 0
1 year ago
Achieving high product quality lowers operating costs because of the effect of quality on:___________.
denpristay [2]

Answer:

Option C, corporate-level planning, is the right answer.

Explanation:

Option C, “corporate-level planning” is the correct answer because it is the corporate planning according to which every employee has to work. If the quality of planning is good then the firm will produce higher output with lower operating cost and if the planning is not good or suitable then the firm can increase the productivity but operating cost may go very high. Therefore, option C is right.

5 0
3 years ago
In a perfectly competitive industry, influence over price is exerted by
tigry1 [53]

Answer:

(C) the forces of supply and demand

Explanation:

In a perfectly competitive industry, no single buyer nor seller will be able to influence prices thus marking the forces of demand and supply (the invisible hand) the determinant of pricing. Each buyer or seller will only account for a minute portion of total demand and supply thus making their influence of market price insignificant.

Options (A), (B) and (D) are incorrect as the largest firms, individual sellers and individual buyers do not influence pricing over price in a perfectly competitive market.

8 0
3 years ago
How does a business achieve economies of scale?
vaieri [72.5K]

Answer:

Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. ... The larger the business, the more the cost savings.

7 0
3 years ago
Read 2 more answers
Now click on the BACKPACK tab. As you select each design component, you will add to the DESIRABILITY of your backpack and its PR
Sloan [31]

Answer: $12

Explanation:

The reasonable production cost for a backpack in this segment will be calculated as 50% multiplied by the average retail price which will be:

= 50% × $24

= 50/100 × $24

= 0.5 × $24

= $12

8 0
3 years ago
Other questions:
  • The ratios that are used to determine a company's short-term debt paying ability are
    11·1 answer
  • Bonita’s Vegetable Market had the following transactions during 2017:
    8·1 answer
  • The annual budgeted conversion costs for a lean cell are $180,000 for 1,000 production hours. Each unit produced by the cell req
    14·1 answer
  • Use the data provided on Cadbury to answer the question below. The risk free rate is​ 4.25%. The expected return on the market p
    13·1 answer
  • Suppose that an economy has the per-worker production function given as:
    11·1 answer
  • 2. Consider a project which requires $1000 of initial investment and generates the next cash flows $300, $300 and $500 over the
    15·1 answer
  • The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu
    7·1 answer
  • A company estimates that the appropriate discount rate (i.e., the cost of capital) for Project A, Project B, Project C and Proje
    12·1 answer
  • What was the opportunity cost in a situation in which you use your available cash to buy gas for your car and then stay hungry t
    13·1 answer
  • An industry has 5 firms. Firm A has 30% of the market, Firm B and Firm C each have 25% of the market, Firm D has 15% of the mark
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!