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1 year ago

party supply uses time series forecasting just passed holidays sales and strength of store sales this year to preacher

1 answer:

7 0

To predict future sales based on patterns of historical data. Party Supply is using <u>Analytics</u>

<h3>What is analytics?</h3>

Analytics is the discipline of systematically computing data or statistics. It is employed in the search for, analysis of, and dissemination of significant data patterns. Making successful decisions also requires utilizing data patterns.

<h3>What is the best definition of analytics?</h3>

The scientific method of converting data into insights for the benefit of better decision-making is known as analytics, according to INFORMS. Analytics is a methodology that is always action-oriented.

The usage of operations, programming, and statistics are all mentioned. It also has to deal with the investigation of information that has been transformed from raw data into insight 1. The main board can make more informed choices thanks to this procedure. In fields where data collection is excessive, it is particularly helpful.

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David has a few options regarding Sedona Stout pricing:

Elina [12.6K]

Answer:

I would suggest he decrease the sales price.

Explanation:

Because it will might make people rush the product due to its low price compared to other products of another brand.

The low price will create a high demand for the product therefore causing the quantity of the products being produced to increase.

The quality of the product will be very good since the quality is not being reduced only the price therefore it might result in not having the maximum profit needed.

6 0

2 years ago

Read 2 more answers

If the supplies on hand at the end of January totaled $500 and the Supplies on Hand account before adjustment is $900, what shou

Natali5045456 [20]

Answer:

The adjustment at month-end is :

Supplies Expense $400 (debit)

Supplies $400 (credit)

Explanation:

The Supplies Account is an asset Account that decreases as the supplies are used in the business.

The use of supplies prompts the recognition of an <em>expense</em> and de-recognition of an <em>asset</em> as follows :

<em>Supplies Expense $400 (debit)</em>

<em>Supplies $400 (credit)</em>

4 0

3 years ago

Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 17,000

MA_775_DIABLO [31]

Answer:

$24.21

Explanation:

Direct materials $8.20

Direct labor 8.30

Variable manufacturing overhead 1.2

Fixed manufacturing overhead (70% × $4.30 is avoidable) = 3.01

8.2 + 8.3 + 1.2 + 3.01 = 20.71

Relevant manufacturing cost = $20.71

$7.00 per unit ÷ 4 minutes per unit = $1.75 per minute

$1.75 per minute × 2 minutes = $3.5

$20.71 + $3.5

= $24.21

6 0

2 years ago

Inessa [10]

Answer:

The correct answer is letter "D": one.

Explanation:

After graduation from college, <em>young professionals should enroll in one professional program</em> at least so whenever they present their resume to companies, with their <em>memberships</em>, they show they are interested in following a path career in their field of study. This will let employers have an idea of the type of person they are dealing with and are likely to get the impression the young professional is taking the application seriously.

8 0

3 years ago

On January 1, 2020, National Retail purchased $100,000 of GEH Company bonds at a discount of $10,000. The GEH bonds pay 6% inter

rusak2 [61]

Answer:

Cr Interest revenue $3,624

Explanation:

Dr Investment in bonds 100,000

Cr Cash 90,000

Cr Discount on investment in bonds 10,000

the first coupon payment:

(90,000 x 4%) - $3,000 = $600

Dr Cash 3,000

Dr Discount on investment in bonds 600

Cr Interest revenue 3,600

the second coupon payment:

(90,600 x 4%) - $3,000 = $624

Dr Cash 3,000

Dr Discount on investment in bonds 624

Cr Interest revenue 3,624

4 0

3 years ago