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kirza4 [7]
2 years ago
9

Suppose a four-period weighted average is being used to forecast demand. Weights for the periods are as follows: w t-4 = 0.1, w

t-3 = 0.2, w t-2 = 0.3 and w t1 = 0.4. Demand observed in the previous four periods was as follows: A t-4 = 380, A t-3 = 410, A t-2 = 390, A t-1 = 400. What will be the demand forecast for period t?a. 399
b. 402
c. 393
d. 403
e. 397
Business
1 answer:
Bingel [31]2 years ago
6 0

Answer:

Option (e) is correct.

Explanation:

Given that,

Weights for the periods:

w_t-4 = 0.1,

w_t-3 = 0.2,

w_t-2 = 0.3

w_t-1 = 0.4

Demand observed in the previous four periods:

A_t-4 = 380

A_t-3 = 410

A_t-2 = 390

A_t-1 = 400

Demand forecast for period t:

= (w_t-4 × A_t-4) + (w_t-3 × A_t-3) + (w_t-2 × A_t-2) + (w_t-1 × A_t-1)

= (0.1 × 380) + (0.2 × 410) + (0.3 × 390) + (0.4 × 400)

= 397

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Answer:

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8 0
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the fixed cost of producing wedding cakes is $10,000 per month. the variable cost for producing 10 wedding cakes per month is $1
Alex

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The average fixed cost curve associated with a given level of output decreases as output expands. The total product produced by a firm for each level of output or unit of input used. Fixed costs include rent building or machinery. Variable costs are plant products water and seeds.

Fixed costs do not change as the firm changes levels of production. Rent price salary. Variable costs change according to the company's production volume. Fuel costs wage raw materials and parts. The cost of goods sold to trading companies directs materials direct labor costs variable components of manufacturing overheads sales and administrative expenses such as handling and shipping costs.

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8 0
8 months ago
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Answer:

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5 0
2 years ago
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Ray Of Light [21]

Answer:

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<u />

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7 0
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Answer:

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