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Sergio039 [100]
2 years ago
15

If you are using exponential smoothing for forecasting an annual time series of revenues, what is your forecast for next year if

the smoothed value for this year is $32.4 million
Business
1 answer:
mrs_skeptik [129]2 years ago
5 0

Answer:

the forecast for next year  is also $32.4 million

Explanation:

Given that:

the smoothed value E_i for this year is $32.4 million

Let assume that i should be the current year

So; i + 1 can now be the next year

Therefore:

\mathbf{E_i = 32.4 million}

However; as we know quite well that the smoothed value  for the current time period is equally the same thing to the forecasted value of the following year time period.

We can therefore posits that, the forecasting for the next year will be:

\mathbf{\hat Y _{i+1}=E_i}

\mathbf{\hat Y _{i+1}=32.4 \ million}

Thus; the forecast for next year  is also $32.4 million

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Simba Company’s standard materials cost per unit of output is $10.00 (2.00 pounds x $5.00). During July, the company purchases a
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Answer:

A)1192 A

B) 192 A

C)  1000 A

Explanation:

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= The Standard Cost - The Actual Cost of the material

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Material Rate Variance = (5- 5.06) x 3,200

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3) The material Usage Variance or Quantity variance

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A company can save tens of thousands of dollars in the long run by converting to energy saving bulbs and instituting energy savi
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Mary is filing Head of Household with a taxable income of $79,280. What is her income tax for Marks: 1 2018? Choose one answer.
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tax rate // for income above

0.1        //  $           0

0.12        //  $   13,600

0.22       //   $  51,800

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Mary's income of $79,280 is on the third bracket as is lower than the minimum for the fourth bracket.

first bracket:

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second bracket:

($51,800 - $13,600) x 12%   =    $ 4,584

third bracket

($79,280 - $51,800) x  22%   =  $ 6,045.6

total tax income: 11,989.6

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