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Vesna [10]
3 years ago
7

The exponential smoothing forecasting technique slowly responds to changes in the mean level of demand when A. a small alpha val

ue is used. B. a large alpha value is used. C. an alpha value of 1.0 is used. D. size of the alpha value does not affect the responsiveness.
Business
1 answer:
VLD [36.1K]3 years ago
5 0

Answer:

a small alpha value is used.

Explanation:

The exponential smoothing forecasting technique is used for forecasting a time series when there is no trend or seasonal pattern, but the mean of the time series is slowly changing over time.

The choice of the smoothing constant α (alpha) is important in determining the operating characteristics of exponential smoothing. The smaller the value of α (alpha), the slower the response. Therefore when a small alpha value is used the exponential smoothing forecasting technique slowly responds to changes in the mean level of demand.

When the values of α (alpha) are larger this makes the smoothed value to react quickly – not only to real changes but also random fluctuations.

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At the beginning of a year, a company predicts total direct materials costs of $1,010,000 and total overhead costs of $1,270,000
marin [14]

Answer:

1.267 = Overhead Rate

Explanation:

<em>As general approach,</em> the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.

\frac{Cost\:Of\: Manufacturing\: Overhead}{Cost\: Driver}= $Overhead \:Rate

In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:

\frac{1,270,000}{1,010,000}= $Overhead Rate

<em>Using Direct Materials cost, the rate would be:</em>

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3 years ago
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled
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Answer: Statement A

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Define the term corporate social responsibility and give one practical example ​
Vesna [10]

Answer:

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Explanation:

4 0
3 years ago
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