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3 years ago

What is a qualitative forecasting model, and when is its use appropriate?

1 answer:

4 0

Qualitative forecasting model is a subjective technique based on opinions, judgement, emotions and personal experiences of consumers, used to forecast future data as a past function. This method does not rely on any mathematical computations or calculations. It is mainly used when a situation is vague or little data exists about a new product or technology.

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All Seasons, Inc. ordered $5,000 worth of Christmas decorations from Santa, Inc. The shipment of decorations was to arrive no la

Leya [2.2K]

Answer:

C. Compensatory damages and consequential damages.

Explanation:

The reason is that the company can only sue Santa for its compensatory damage of paying 15% extra and consequential damages which are only claimable if the party to contract knows that not performing the contract will contribute to consequential damages which are here losses of sales which amount to 25% of sales.

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3 years ago

Read 2 more answers

To determine customer opinion of their musical varietymusical variety, sonysony randomly selects 140140 concertsconcerts during

shepuryov [24]

A data sample is a set of data collected and/or selected from a statistical population by a defined procedure, in statistics and quantitative research methodology. the elements of a sample are known as sample points, sampling units or observations. Cluster sample is a simple random sample of groups, or clusters, of the population often based on geography. In this case, this is a type of cluster sample.

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3 years ago

The plaintiff in a criminal case is the government/district attorney.<br> True<br> False

Licemer1 [7]

Answer:

False

Explanation:

4 0

3 years ago

An investor makes three deposits into a fund, at the end of 1, 3, and 5 years. The amount of the deposit at time t is 100(1.025)

bulgar [2K]

Answer:

The size of the fund at the end of 7 years is $483.110

Explanation:

Number of quarters = 4

We are given that the nominal rate of discount convertible quarterly is 4/41

Discount rate in each quarter = $\frac{\frac{4}{41}}{4} = \frac{1}{41}.$

Let A is the value after discount and X is the original value:

$A = X - X(\frac{1}{41}) \\A=X(1 - \frac{1}{41}) \\A=\frac{40}{41}X\\X = \frac{41}{40}A$

Now To calculate the value after 7 years we need to multiply each value by the interest raised to the correct power.

$A=100 \times 1.025^1 \times \frac{41}{40}^{(7-1) \times 4}+100 \times 1.025^3 \times \frac{41}{40}^{(7-3) \times 4}+100 \times 1.025^5 \times \frac{41}{40}^{(7-5) \times 4}$

A=483.110

Hence the size of the fund at the end of 7 years is $483.110

3 0

2 years ago

g On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the d

Aleonysh [2.5K]

Answer:

Annual depreciation= $16,000

Explanation:

Giving the following information:

Purchase price= $77,000

Useful life= 4 years

Salvage value= $13,000

Under the straight-line method, the depreciation expense remains constant during the life of the asset.

<u>To calculate the depreciation expense, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (77,000 - 13,000) / 4

Annual depreciation= $16,000

3 0

2 years ago