The question is incomplete. The complete question is :
Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can schedule service personnel. Use the actual demand in the first period for the forecast for the first week so error measurement begins in the second week. The manager uses exponential smoothing with α = 0.1 . Forecast the number of calls for week 6, which is next week. Week Actual Service Calls 1 2 3 4 5 The forecast for week 6 is ___ service calls. (Enter your response rounded to two decimal places.)
Solution :
It is given that :
The manager of Bradley's Copiers needs weekly forecast of the service calls so that the manager can schedule service personnel.
Using the
for the 1st
for the 1st week so as the error measurement begins in the second week.
The exponential soothing, α = 0.1
Week Actual service calls Forecast
1 28 28
2 34 (28 + 0.1 x (28-28)) = 28
3. 38 (28 + 0.1 x (34-28)) = 28.60
4. 27 (28.60 + 0.1 x (38-28.60)) = 29.54
5. 25 (29.54 + 0.1 x (27-29.54)) = 29.29
6 (29.29 + 0.1 x (25-29.29)) = 28.86
Therefore, the forecast for the week 6 = 28.86
Answer:
(D) $ 1,450
Explanation:
The ending balance in allowance for uncollectible accounts is calculated by the following equation.
Opening Balance + Allowance for the year - Receivables written off = Ending Balance
$ 1,610 + $ 1,590 (0.5 % of sales on credit, $ 318,000 *0.5%) - $ 1,750 ( Receivables written off) = Adjusted allowance for uncollectible accounts <u>$ 1,450</u>
The amounts collected are not relevant in calculating the ending balalnce
Answer:
Company A's price per share is $45
Explanation:
The P/E ratio of one company can be used by investors and analysts to determine the value of another companie's stock in the industry. This is called apples-to-apples comparism.
The P/E ratio is used to value a company by comparing its share price to earnings per share.
P/E ratio= market value of shares/ earnings per share
For company B
P/E ratio= 30/2= $15
Using company B's P/E ratio as a benchmark for company A
15= Price per share /3
Price per share = 15*3= $45
The above answer can be explained as under -
Given,
Current Liabilities = $ 4,590
Net working capital = $ 2,170
So, the current assets will be calculated as under -
Net working capital = Current assets - Current liabilities
$ 2,170 = Current assets - $ 4,590
Current assets = $ 2,170 + $ 4,590
Current assets = $ 6,760
The liquid or quick assets will be calculated as -
Current assets - Inventory = Quick assets
Quick assets = $ 6,760 - $ 3,860
Quick assets = $ 2,900.
Now,
1. Current ratio = 
Current ratio =
= 1.47
2. Quick ratio = 
Quick ratio =
= 0.63
Answer:
The correct option is
Merit
Explanation:
The equal pay act became law in 1963 , it mandates employers to pay workers equal pay for performing the same job irrespective of their gender.