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
Olenka [21]
2 years ago
7

A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks

received in June was 42 ​million, while the forecast was 42 million. A smoothing constant of 0.15 is used. A) What is the forecast for July?B) If the center received 45 million chekcs in July, what would be the forecast for August?C) Why might this be an inappropriate forecasting method for this situation?
Business
1 answer:
aliina [53]2 years ago
5 0

Answer:

A. Forecast for July = 42.

B. Forecast for August = 42.45

C. Because of seasonality in the banking industry.

Explanation:

A. Forecast for July = Forecast for June + Smoothing constant x (Forecasting error)

                                 = 42 + 0.15 (42-42) = 42

B. Forecast for August = Forecast for July + 0.15 (Forecasting error)

                                      = 42 + 0.15 (45-42) = 42.45

C. Because there is a great deal of seasonality in the processing requirements of banking industry, this forecasting method (exponential smoothing) might not be appropriate for this situation.

You might be interested in
Will GED let you use The brainly.com app for The real GED Test
Anuta_ua [19.1K]
No ged won’t let u use the brainly app
4 0
3 years ago
Read 2 more answers
Can someone help what is the title of this book? please ​
Brut [27]
Can’t see it, it’s really blurry!
7 0
3 years ago
Price inflation:_______.
expeople1 [14]

Answer:

c. courages investment by increasing the uncertainty about future returns

Explanation:

Inflation refers to the increase in the price level of the goods

The price inflation reflects that there is a rise in the price of the goods and services over a particular period of time lets say for one year. It can arise when the raw material cost during the process of production increased that push the price in upward

It also increased the uncertainty with respect to the future returns through investment

Hence, the correct option is c.

5 0
3 years ago
Southland farm sold ten september futures contracts on wheat. Southland farm will:______.
Oliga [24]

Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

<h3>What is the payment?</h3>

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

Read more about payment

brainly.com/question/15136793

#SPJ1

8 0
2 years ago
A firm owed accounts payable of $250,000 at the beginning of the year and $350,000 at the end of the year. This $100,000 differe
pshichka [43]

Answer and Explanation:

Since in the question it is mentioned that the account payable beginning balance is $250,000 and the ending balance of the account payable is $350,000 so here $100,000 different would rise the cash from operations

Therefore the same is to be considered as there is an increase in inflows of cash

So the difference would be rise the cash from operations

4 0
2 years ago
Other questions:
  • At​ UPS, business was strong but profits were​ down, leading managers to look for ways to increase profits from existing operati
    10·1 answer
  • If you stare at a red patch and then look at a red apple, will your experience of the redness of the apple be stronger or weaker
    12·2 answers
  • Your estimate of the market risk premium is 9​%. The​ risk-free rate of return is 3.7​% and General Motors has a beta of 1.7. Ac
    10·1 answer
  • A 10-year bond of a firm in severe financial distress has a coupon rate of 14% and sells for $900. The firm is currently renegot
    15·1 answer
  • On January 1, 2024, Fabrikam Labs issued 1,000 bonds, each with a face value of $1,000, for 102.7323. The stated interest is 3.8
    15·1 answer
  • A college graduate who is searching for his first job illustrates the concept of cyclical unemployment. frictional unemployment.
    15·1 answer
  • Which business letter feature is found at the top of the page?
    13·1 answer
  • Partners Gary and Elaine have agreed to share profits and 1osses in an 80:20 ratio respectively, after Gary is allowed a salary
    5·1 answer
  • The rate of return is the _____.
    5·1 answer
  • _____ is defined as the process a company employs to externally search for and source research, new technologies, and products.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!