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vlada-n [284]
3 years ago
6

If you were using a simple exponential smoothing forecast model (alpha value equal to 0.30) that generated a forecast of 25.10 u

nits for the most recently completed week, which has observed a demand of 31 units, what would be your forecast of demand for the upcoming week?
Business
1 answer:
AveGali [126]3 years ago
7 0

The simple exponential smoothing is a method suitable for predicting data with no style or seasonal pattern. While in Moving Averages the past observations are weighted similarly, Exponential Smoothing allocates exponentially lessening weights as the observation get older.

<span>Forecast for upcoming week = 25.10 + 0.3 (31 – 25.10) = 26.87</span>

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3 years ago
Read 2 more answers
Use the following information to determine the break-even point in sales dollars:
dolphi86 [110]

Answer:

Break-even point (dollars)= $362,400

Explanation:

Giving the following information:

Unit sales 50,000

Units Dollar sales $500,000

Fixed costs $204,000

Variable costs $187,500

<u>First, we need to calculate the contribution margin ratio:</u>

Contribution margin ratio= total CM / Sales

Contribution margin ratio= (500,000 - 187,500) / 500,000

Contribution margin ratio= 0.625

<u>Now, the break-even point in sales dollars:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

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7 0
3 years ago
In most markets, _____ is determined by the interactions of numerous buyers and sellers.
anastassius [24]

Buyers and sellers interact in a market to exchange commodities, services, or resources. Prices and trade volume are mostly influenced by how buyers and sellers interact in a "market."

The buyer-seller interaction process is viewed as a transaction in and of itself, with potential for numerous outcomes. The buyer-seller interaction, which is compared to the effect of advertising, is assumed to carry out any of the following five functions: raise awareness of each other's expectations about the product or service; remind each other of past successful transactions and their behavioral outcomes; reinforce each other's behavior related to the sale of the product or service; prompt behavioral actions on each other's parts by intensifying expectations; and persuade each other.

To learn more about interactions of buyers and sellers in market here

brainly.com/question/2976497

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4 0
2 years ago
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STatiana [176]

Answer:

Correct Answer is Irrelevant contracts

Explanation:

Unenforceable contracts become inapplicable by law due to some technical aspects. The contract cannot be executed against either party.

For example, A agrees to sell 100kgs of rice for B for 10,000 / -. But there was a great flood in the states and all rice crops were destroyed. Now, this contract cannot be enforced and cannot be enforced against any of the parties.

6 0
4 years ago
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vitfil [10]
The answer to this question is Simple;informal
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Which means that both parties either believe in one another or they simply do not care enough about the contract to care about the legal precautions.
3 0
3 years ago
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