MAD = 0.51/4 = 0.1275 and MSE = 0.0721/4 = 0.018.
<h3>What is MAD and MSE?</h3>
MAD( Mean Absolute Deviation) and MSE( Mean Squared Error) are the most commonly used forecast error measures. MAD is the average of the absolute errors and MSE is the average of the squared errors.
Solution:- <u>Method</u><u> </u><u>1</u> Week Method 1 Actual E E^2
1 0.9 0.7 0.2 0.04
2 1.05 1 0.05 0.0025
3 0.95 1 0.05 0.0025
4 1.2 1 <u> 0.2 0.04</u>
0.5 0.085
MAD = sum of error/n
= 0.5/4
=0.125
MSE = sum of squared error/n
= 0.0.85/4
= 0.02125
<u>Method 2</u><u> </u> Week Method 2 Actual E E^2
1 0.8 0.7 0.1 0.01
2 1.2 1 0.2 0.04
3 0.9 1 0.1 0.01
4 1.11 1 <u>0.11 0.0121</u>
0.51 0.0721
Hence, MAD = 0.51/4 = 0.1275 and MSE = 0.0721/4 = 0.018.
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A correct reward system, as well as a fair affirm attitude, are the main factors that drive employees proactively.
Thus, the fact that employers generate fair, equitable and stimulating reward systems gives their employees a real incentive to achieve the best possible result in their daily work.
On the other hand, it is also necessary for employers to generate systems not of punishment but of conduct and responsibilities that allow them to channel the work of their employees so that they tend to better perform their tasks.
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The cost object of the plant-wide overhead rate method is "The unit of product"
Explanation:
Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.
An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.
Answer:
c. Karen Meyer's personal records and the American Red Cross
Explanation:
Karen owns the company and withdrew $10,000. That should be recorded on the accounting records of both Karen and Crystal Cleaning Company.
She later performs a new operation. She makes a contribution of $6,000 to the American Red Cross.
Now, this contribution, this operation should be recorded on her personal records and the American Red Cross. This sum: $6,000 doesn't come from Crystal Cleaning Company as the contribution was on her name.
So, the answer is C. Karen records and the American Red Cross.