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Arlecino [84]
4 years ago
6

The manager of the Petroco Service Station wants to forecast the demand for unleaded gasoline next month so that the proper numb

er of gallons can be ordered from the distributor. The owner has accumulated the following data on demand for unleaded gasoline from sales during the past 12 months: Month Gasoline Demanded (gal.) October 800 November 725 December January 500 February 645 March April 730 May 810 June 1,200 July 980 August 1,000 September 850 a. Compute a 2-month moving average demand forecast for the months of December to September. Calculate MAD, MAPD and MSE. b. Compute the optimal 2-month weighted moving average demand forecast for the months of December to September. Calculate MAD, MAPD and MSE. C. Assume the demand forecast for October is equal to the actual demand of October, 800. Compute the optimal exponentially smoothed demand forecast for the months of November to September. Calculate MAD, MAPD and MSE. d. Assume the demand forecast for October is 800 and trend for October is 0. Compute the optimal double exponentially smoothed demand forecast for the months of November to September. Calculate MAD, MAPD and MSE. e. Compute linear trend line demand forecast for the months of October to September. Calculate MAD, MAPD and MSE. f. Compare the five forecasting methods by using MAD, MAPD and MSE and indicate which method is the best fit for the data based on MAD, MAPD (or MAPE), and MSE, respectively.
Business
1 answer:
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5 0

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Leslie Halverson is considering investing in the stock market. She wants to be sure to be able to get her money back whenever sh
Lana71 [14]

Available Options are:

a) growth

b) yield

c) tax consequences

d) liquidity

Answer:

Option D. Liquidity

Explanation:

The reason is that Leslie is worried about having back its money that will be invested in the time of need. So she sure that the amount will be required in the coming future and that she wants to earn a small profit for the time being. So the money worries are also referred to as liquidity concerns.

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4 years ago
Two power plants provide power to Chapel Hill residents: plant UNC and plant Duke. Both plants burn coal to produce electricity,
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Answer:

a. The socially efficient levels of abatement for UNC power plant is 10.

Explanation:

Note: See the attached Microsoft word file for the calculations of the anwers above.

7 0
3 years ago
How does inventory differ from other types of purchases and discuss what controls pertain specifically to inventory processes?
Ivenika [448]

Inventory are the products which are directly involved in the manufacturing of a business. Inventory includes raw materials inventory, work in progress inventory and finished goods inventory.

In a merchandising business, inventory includes  all the products available for use. There are inventories in the administrative section of the company also which is  known as the supplies Inventory.

Purchases are a nominal account that forms part in the cost of goods sold. Purchases  term is used in the manufacturing firm  and is the raw materials needed in the production of their product, thus will also form part of the inventory account if there is a left over for it.

Inventory on the other hand can come from the purchases itself in terms of the raw materials.

<u> There are many </u><u>inventory control</u><u> such as the following:</u>

Conducting different  semi annual inventory count to know the actual number of inventory in hand against the monitoring of the inventory

Maintaining security of the facility of the stockroom storage by having cctv and padlock of  the room.

Checking the incoming and outgoing inventory based on the documents given in the store.

Proper segregation of duties must be there, the record keeper should not be the same person as the one holding the inventory.

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4 0
2 years ago
State sales tax y is directly proportional to retail price x. an item that sells for 170 dollars has a sales tax of 10.22 dollar
scZoUnD [109]
Im guessing sales tax would be 6.25%?
6 0
3 years ago
Which has a higher flow rate? 10 customers arriving over two hours or 10 customers arriving over three hours?
Tcecarenko [31]

The one that gives a higher flow rate is: 10 customers over 2 hours. The flow rate is 5 customers per hour.

Flow rate is defined as the number of flow units that pass through the business process per unit time.

The flow unit can be money, customers, products, parts, services, etc.

Example of flow rate is number of customers serviced per hour, number of parts produced per minute, etc.

From the definition, the flow rate can be expressed as:

             Flow rate = number of flow unit / time interval

There are 2 scenarios in the given problem.

  • Scenario 1:

Flow unit = 10 customers

Time interval = 2 hours

Hence, the flow rate in scenario 1 = 10/2 = 5 customers per hour

  • Scenario 2:

Flow unit = 10 customers

Time interval = 3 hours

Hence, the flow rate in scenario 2 = 10/3 = 3.33 customers per hour

By comparing the above scenarios, the one that gives higher flow rate is scenario 1, 10 customers over 2 hours.

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4 0
2 years ago
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