Answer:
If alpha is 0.2 then 92.6units
If alpha is 0.3 then 91.4units
Explanation:
The calculation can be done by the following formula
F = F + alpha (A-F)
Where
F = Forecast value
A= Actual value
Alpha = exponential smoothing constant
If alpha is taken 0.2
F = 95 + 0.2 ( 83-95)
F = 92.6
If alpha is taken 0.3
F = 95 + 0.3( 83-95)
F= 91.4
Answer:
Objective Task Method
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question Nathan is using an Objective Task Method. This is a financial business strategy in which a company/business sets aside a specific set amount of money to use as it's marketing budget based on the objectives they are trying to accomplish. Which is exactly what Nathan is doing in this scenario.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Learning effects occur over time, whereas economies of scale are captured at one point in time when output is increased.
Explanation:
Learning effect is defined as as the process by which education results in increased productivity and in turn higher wages. This process takes time because most specialised skills need to be learnt in a formal institution over time.
Economies of scale is defines as cost reduction that a company experiences when there is an increase in production. Fixed cost realised can be spread over a larger number of produced units. Economies of scale is captured at one point in time when output is increased.
Answer:
$245,277
Explanation:
The dairy makes 454 pounds per day of which only 62 pounds is sold, thus the extra pounds of cheese per day are (454-62) = 392.
Now, the dairy operated 355 days a year, hence the annual cost of storage is,
(355 * 392) * $1.01 => $140,552.
Now the setup cost is $295 a day, so the annual would be,
(295 * 355) => $104,725.
Hence the minimum total annual costs will be = 140552+104725 = $245,277.
Hope I made myself clear.
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