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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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Answer:

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In the job performance formula Performance=M+A+E, what does M stand for?
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Rhed Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day
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Facility expenses in the flexible budget comes out to be $24,260.

<h3>What is flexible budged?</h3>

A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.

Calculation for the facility expenses in the flexible budget for December:

The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-

Facility expenses in the flexible budget = Variable + Fixed

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The wages and salaries in the planning budget for December would be closest to $24,260.

To know more about the flexible budget, here

brainly.com/question/25353134

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Farmers successfully selecting for increased oil content in soybeans over many generations is an example of what type of selecti
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