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
kiruha [24]
3 years ago
13

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

Business
1 answer:
BigorU [14]3 years ago
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.
You might be interested in
Problem 21-3a part 1&2 required: 1&2. prepare flexible budgets for the company at sales volumes of 14,000 and 16,000 uni
Arada [10]

<span>Below is the flexible budgets for the company at sales volumes of 14,000 and 16,000 units and classify all items listed in the fixed budget as variable or fixed.</span>

7 0
3 years ago
Q 7.1: a _____ would be properly classified as cash.
kotegsom [21]
A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account. 
8 0
3 years ago
Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using
LiRa [457]

Answer:

I'm figuring this out for you!

Explanation:

6 0
3 years ago
Mickey is a 12-year-old dialysis patient. Three times a week for the entire year he and his mother, Sue, drive 20 miles one way
gavmur [86]

Answer:

The right approach will be "$ 1123.2".

Explanation:

The number of miles to be used will be:

= 40 \ miles \ round \ trip\times  3 \ trips \ per \ week\times 52 weeks

= 6240 \ miles

Now,

The item deduction will be:

= Number \ of \ used \ miles\times 18 \ cents \ per \ mile

= 6240\times 1123.2

= 1123.2 ($)

4 0
3 years ago
The cash conversion cycle is computed as:
Anna [14]

Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

                             AMOUNT OF SALES OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF INVENTORY OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF PAYABLE OUTSTANDING IN DAYS

4 0
3 years ago
Other questions:
  • What term refers to the methods involved in processing information, applying knowledge, forming perceptions, and making decision
    8·2 answers
  • ​a psychologist gives the same test to a client twice. the tests are separated by six days. if the test results are quite diss
    5·1 answer
  • Claire purchases an eight-year callable bond with a 10% annual coupon rate payable semiannually. The bond has a face value of 3,
    13·1 answer
  • What is progressive discipline
    14·2 answers
  • Prepare the journal entry for the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017. Garcia Compa
    15·1 answer
  • expecting a period of intense growth and has decided to retain more of its earnings to help finance that growth. As a result, it
    15·1 answer
  • Service Department Charges In divisional income statements prepared for Demopolis Company, the Payroll Department costs are char
    13·1 answer
  • Suppose some firms exit an industry characterized by monopolistic competition. We would expect the demand curve of a firm alread
    10·1 answer
  • What would be the annual cost saved by shifting from the ​-bag lot size to the​ EOQ? The annual holding cost with the EOQ is ​$
    12·1 answer
  • Consider today’s stock listing for Enam Telecom, shown below. 52 wk High 52 wk Low Symbol Div. Close Net Change 122. 86 64. 77
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!