All categories

3 years ago

Assume that effective forecasting requires a combination of technique, system support, and administration.

Business

1 answer:

Sidana [21]3 years ago

6 0

Answer:

Explanation:

The initiatives that must be taken into account to make an effective and accurate forecast are the following:

1. To have information about all the sales that have been made in the company. With this data you can analyze how often a certain product moves.

2. An updated inventory must be available, since it will be ready to work.

3. The order in which the products are arriving, is another aspect to take into account, since they can be used to replenish the stock.

4. To Keep the merchandise on time. It is useful for calculating the forecast.

5. To generate the forecasts, a forecast of the sales area in the commercial area must be maintained and allows the customer to maintain first-line contact.

You might be interested in

Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is $1 per can,

FinnZ [79.3K]

Answer:

Option (B) is correct.

Explanation:

The utility maximization point for a consumer is as follows:

$\frac{MU_x}{P_x}=\frac{MU_y}{P_y}$

It is given that,

price of Pepsi(x) = $1 per can

price of a hamburger(y) = $2

Marginal utility from Pepsi = 4

Marginal utility from hamburgers = 6

Hence,

$\frac{4}{1}>\frac{6}{2}$

4 > 3

Therefore, it can be seen that the consumer's utility is not maximized at this point.

Law of diminishing marginal utility states that as the consumer consumes more and more quantity of goods then as a result the utility obtained from the consumption goes on diminishing.

So, there is a need to increase the quantity of Pepsi consumed and reducing the quantity of hamburgers consumed.

6 0

3 years ago

LaFevor Co. acquired 70% of the common stock of Dean Corp. on August 1, 2022. For 2022, Dean reported revenues of $960,000 and e

Zanzabum

Answer:

$66,250

Explanation:

Calculation for What is the effect of including Dean in consolidated net income for 2022

Effect of including Dean in consolidated net income for 2022=[($960,000-$780,000)*5/12]- ($21,000 × 5/12)

Effect of including Dean in consolidated net income for 2022=($180,000 × 5/12)- ($21,000 × 5/12)

Effect of including Dean in consolidated net income for 2022=$75,000-$8,750

Effect of including Dean in consolidated net income for 2022=$66,250

(Note that August 1 to December 31 will give us 5 months)

Therefore the effect of including Dean in consolidated net income for 2022 is $66,250

5 0

3 years ago

What Are The Steps For Subtotaling Data

vovikov84 [41]

Answer:

Follow these steps to add subtotals to a list in a worksheet:

Sort the list on the field for which you want subtotals inserted.

Click the Subtotal button in the Outline group on the Data tab. ...

Select the field for which the subtotals are to be calculated in the At Each Change In drop-down list.

Explanation:

google hope this helps you

7 0

3 years ago

10. Veda Inc., a manufacturer of cosmetics, offers two product lines, each catering to a distinct segment. Its most popular bran

Mama L [17]

Answer:

The type of segmentation Veda Inc. is using is called Psychographic segmentation.

Explanation:

Market segmentation is the process of dividing a target market into smaller, more defined categories. It makes it easier to focus marketing efforts and resources on reaching the most valuable audiences and achieving business goals.

Psychographic segmentation categorizes audiences and customers by factors that relate to their personalities and characteristics. Alo, targets women who want makeup that will last at least ten hours after application. This covers a niche market of women who are looking for makeup with anti-ageing properties.

4 0

3 years ago

What procedures must be described in an agreement called an assurance of compliance with a us?

NikAS [45]

Procedures are in place that ensure that subjects will be covered in a manner proportionate to the Common Rule, including inspection by an independent committee comparable to an IRB.

<h3>What is meant by an assurance of compliance?</h3>

An institution must provide a written assurance of compliance with the conditions of the assurance and the requirements of 32 CFR Part 219, as determined by the Human Study Protection Official to be suitable for the research supported by the Department of Defense (DoD) component (32 CFR 219.103).

The word "compliance assurance" refers to all the steps an organisation takes to make sure that rules, policies, and procedures are followed and are perceived to be followed. The IRB's main goal is to uphold the rights and welfare of any human subjects involved in research projects that fall within its purview.

Hence, Procedures are in place that ensure that subjects will be covered in a manner proportionate to the Common Rule, including inspection by an independent committee comparable to an IRB.

To learn more about Assurance of compliance refer to:

brainly.com/question/2672058

#SPJ4

4 0

2 years ago