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3 years ago

How many formal and informal forecasting methods do you have at work or at home?

Business

1 answer:

svetoff [14.1K]3 years ago

4 0

Answer:

There are several statistical forecasting methods.

Some of them are:

Linear Regression
Multiple Linear Regression
Productivity Ratios
Time Series Analysis
Stochastic Analysis
Straight Line and
Moving Average

Cheers!

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Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sale

Nitella [24]

Answer:

the numbers are missing, so I looked for a similar question:

Purchases Sales Units Unit Cost Units Selling Price/Unit

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/4 Sales 60 $80

3/10 Purchase 200 $55

3/16 Sales 70 $90

3/19 Sales 90 $90

3/25 Sales 60 $90

3/30 Purchase 40 $60

the requirements are:

calculate COGS and ending inventory under FIFO, LIFO and weighted average.

since this company uses the periodic inventory level we must first determine the total cost of goods available for sale:

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/10 Purchase 200 $55

3/30 Purchase 40 $60

total goods available for sale = 400 units, at a total cost of $20,400

total units sold = 60 + 70 + 90 + 60 = 280 units

ending inventory = 120 units

under FIFO:

ending inventory = (40 x $60) + (80 x $55) = $6,800

COGS = $20,400 - $6,800 = $13,600

under LIFO:

ending inventory = (100 x $40) + (20 x $50) = $5,000

COGS = $20,400 - $5,000 = $15,400

under weighted average:

ending inventory = ($20,400 / 400) x 120 = $6,120

COGS = $20,400 - $6,120 = $14,280

3 0

3 years ago

Assume that you have been hired by a large international bank that is looking to develop a smartphone app to help college studen

wel

Answer:

Determining that smartphone apps and social media aps are important parts of a bank's future plans to reach young consumers. ⇒ New Product Strategy.

Tweeting out the availability of a new smartphone app that helps young professionals manage their financial lives better. ⇒ Product launch.

Inviting younger "fans" of the bank's social media sites to have a free trial of the new smartphone app. ⇒ Test marketing.

Having a Faceb-ook discussion with consumers on what they would ideally like to have from a bank smartphone app. ⇒ Idea generation.

Creating a prototype of the smartphone app. ⇒ Product development.

Using Tw-itter to ask followers what they are willing to pay for smartphone apps. ⇒ Business analysis.

Developing a social media site that allows college students to review and provide feedback on new product ideas. ⇒ Idea screening.

5 0

3 years ago

Easy career question below first correct answer gets brainliest

Alina [70]

I believe the correct answer is Bachelor’s Degree

7 0

3 years ago

Fitness is a magazine for women about health and exercise. Fitness offers year subscriptions for $12 on their website. Jess, Ani

Mariulka [41]

Answer:

A) $16

Explanation:

According to a different source, these are the options that come with this question:

A) $16

B) $52

C) $40

D) $12

Consumer surplus refers to a measure of welfare in which we look at the ways in which people benefit from the goods and services that they are consuming. The market consumer surplus is the difference between the amount that consumers are willing to pay and the total amount that they actually do pay in the real world (this is known as the market price).

7 0

3 years ago

Read 2 more answers

The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................

Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................ $0.9432

Premium = $0.0049

90-day forward.......................... $0.9531

Spot............................................ $0.9432

Premium = $0.0099

180-day forward........................ $0.9594

Spot............................................ $0.9432

Premium = $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0

3 years ago