1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ASHA 777 [7]
3 years ago
7

Forecast error a. is associated with measuring forecast accuracy. b. takes a positive value when the forecast is too high. c. ca

nnot be zero. d. cannot be negative.
Business
1 answer:
rusak2 [61]3 years ago
5 0

Answer:

The correct answer is a. is associated with measuring forecast accuracy

Explanation:

Measurement error can be defined as the difference between a measured value and a true value. If we transport this to the business environment, in our demand forecasts, and in the most general sense, we can define forecast error as the comparison between the forecasted value and the real value.

Their calculation allows us to make decisions against which forecasting method is the best and they manage to detect when something in our demand forecast is not going well, with which we manage to change the direction of our decisions in order to make the best choices.

There will always be an error in the calculation of a demand forecast. In practice, we try to minimize both types of errors by choosing the best forecasting method, and that is why there is an error measurement in demand forecasts.

You might be interested in
If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the ave
Rufina [12.5K]

Answer:

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workers?

11 workers= 54 units

12 workers= ?

12 x 54/11= 59 units

Explanation:

7 0
3 years ago
Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Raycom's engineers have been asked
Andrej [43]

Answer:

e. influencer

Explanation:

Influencer -

Is a person , that influences other person for any task like , work , dressing style , makeup etc , is known as an influencer .

Hence , from the question ,

The engineers of the Raycom construction plays the role of influencer in the company's buying center .

Therefore , from the question ,

the correct term for the given statement is e. influencer .

7 0
3 years ago
A company's interest expense is $15,000. Its income before interest expense and income taxes is $86,250. Its net income is $31,9
den301095 [7]

Answer:

b. 5.75

Explanation:

Times Interest earned ratio is the measure of ability of a company to pay the interest on its debts. It is the ratio of earning before interest and tax and interest expense as below.

Times Interest Earned Ratio = Earning before interest and tax / Interest Expense

Times Interest Earned Ratio = $86,250 / $15,000

Times Interest Earned Ratio = 5.75 times

5 0
4 years ago
Read 2 more answers
HELP
evablogger [386]
Answer to this question is all of above. D.
6 0
3 years ago
You estimate you'll need $200,000 per year for 25 years starting on your 65th birthday to live on during your retirement. Today
Rudiy27

Answer:

$66,909

Explanation:

Calculation for How much must each deposit be (rounded to the nearest $10)?

First step is to calculate the PV using financial y

N= 25

PMT= 200,000

FV= 0

i/y= 9

PV= ?

Hence,

PV= 2,141,322

Now let How much must each deposit be by finding the PMT using financial calculator

N= 15

FV= 2,141,322

PV=0

i/y= 9

PMT= ?

Hence,

PMT=$66,909

Therefore How much must each deposit be is $66,909

4 0
3 years ago
Other questions:
  • Goals of the Firm. Fill in the blanks in the following passage by choosing the most appropriate term from the following list (so
    9·1 answer
  • Jackson Company had a net increase in cash from operating activities of $9,800 and a net decrease in cash from financing activit
    7·1 answer
  • Without any restrictions in a perfectly competitive market, if there is a sudden rightward shift in the demand for a good: a) se
    6·1 answer
  • On October 5, Narveson Company buys merchandise on account from Rossi Company. The selling price of the goods is $6,380, and the
    7·1 answer
  • Productive efficiency occurs when a good or service​ (such as the distribution of​ tickets) is produced at the lowest possible c
    15·1 answer
  • A flower shop makes a large sale for $1,500 on June 30th. The customer is sent an invoice on July 5th, and a check is received o
    12·1 answer
  • When is the corona gonna finish
    7·2 answers
  • f the demand for houses increases, the wage of Wage carpenters will ____ and the quantity will ____. Assume bricks and wood are
    8·1 answer
  • PLEASE ANSWER THE 2 QUESTIONS IN THIS SCREENSHOT FOR ME THANK YOU IF YOU DO AND HERE IS A BRAILIEST IF 2 PEOPLE ANSWER IT OF COU
    13·2 answers
  • How do the actions of living on less than you make, saving for large purchases, and sticking to a budget represent deciding acti
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!