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astra-53 [7]
3 years ago
13

From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which

forecasting technique would you consider the most accurate? Why? (Ch. 18)
Business
1 answer:
Ipatiy [6.2K]3 years ago
5 0

Answer:

weighted moving average

Explanation:

Of all these 4 options, the weighted moving average is the most accurate, as it is possible to place specific weights according to their significance.

The other techniques, such as an average, straight line, or exponential curve, assume things. The weighted average can change to any form.

However, the weighted average can be complicated to use if a long time frame is taken.

Additionally, the consumer will most likely want to adjust the weights as time periods pass. That will contribute to the complexity of applying the methods to a wide range of applications, such as predicting inventory item demand.

Hence, the first option is correct

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Mary, Susan, and Sarah are running a beach boutique on the board walk of Ocean City. Their favorite product is a red lifeguard h
Fofino [41]

Answer:

358.33 times

Explanation:

The computation of the simple forecast combination is shown below:

= (Forecast sales done by Mary + Forecast sales done by Susan + Forecast sales done by Sarah) ÷ (Total number of observations)

= (341 + 535 + 199) ÷ (3)

= (1,075)  ÷ (3)

= 358.33 times

We simply divided the total sales forecasted done by each one by the total number of observations

8 0
3 years ago
Knowing that you are buying one pound of bread is part of _____. contract enforcement property rights standards for weights and
SSSSS [86.1K]

<span>Knowing that you are buying one pound of bread is part of your rights as a buyer in the market. Because first and foremost, you give out your money and you are buying every crumble of the bread, meaning you already owned it.</span>

3 0
3 years ago
Read 2 more answers
Greg sees that his company's quarterly sales and profits are significantly above projections and says, "That's great. Let's keep
saveliy_v [14]

Answer: Evaluate performance

Explanation:

 According to the given question, Greg is observing his company sales and also the profit quarterly by ignoring the step evaluating the performance in the marketing planning process.

The evaluating performance is one of the factor that basically helps in examine the proper management, activities and the outcome of the performance.

As, it helps in improve the effectiveness and also characteristics of the result that helps in managing the sales and the profit in an organization. Therefore, evaluate performance is the correct answer.

4 0
3 years ago
send your client an email with a project and risk status. You ask for feedback on project performance. Which best practice shoul
Zolol [24]

Explanation:

Get to the point quickly and be concise., but don't be impersonal or abrupt. Keep your sentences short and clear. Include everything your client needs to know in the email. If you're just providing information and don't need a response, write “No response needed” at the end of the email.

7 0
3 years ago
A monopolist produces a. more than the socially efficient quantity of output but at a higher price than in a competitive market.
irina [24]

Answer:

B

Explanation:

First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).

Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.

4 0
3 years ago
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