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quester [9]
3 years ago
12

John's house of pancakes uses a weighted moving average method to forecast pancake sales. it assigns a weight of 5 to the previo

us month's demand, 3 to demand two months ago, and 1 to demand three months ago. if sales amounted to 1000 pancakes in may, 2200 pancakes in june, and 3000 pancakes in july, what should be the forecast for august?
Business
1 answer:
Ad libitum [116K]3 years ago
4 0

To calculate for the demand for August, we should consider that the formula should be in the form:

Demand for August = Summation (Weight ratio * Demand)

Where: weight ratio = weight of that month / total weight of 3 months

Demand for August = (5/9)*3000 + (3/9)*2200 + (1/9)*1000

<span>Demand for August = 2511</span>

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Suppose buyers of vodka are required to send $5.00 to the government for every bottle of vodka they buy. Further, suppose this t
Leno4ka [110]

Answer:

Option D is correct

Explanation:

The reason is that increase in tax lowers the demand of the products. When the government imposed additional taxes on vodka, the demand will obviously fell. Now the vodka manufacturing company in retaliation of imposed taxes, will have to lower its price to still attract its customers. Now the difference in this ($3) decrease in price and ($5) increase in taxes is $2 additional cost per unit, which the buyer will have to bear. This means sixty percent of the additional cost (3/5*100) will be beared by the vodka seller. The increase in prices of the Vodka will decline the demand of the product, which means fewer products would be sold.

4 0
3 years ago
How might the future economic concerns of other countries differ from those of the United States?
mafiozo [28]

Answer:

The future economic concerns of other countries will differ from those of the United States, mainly according to the degree of economic development of each nation. Thus, for example, countries like Germany or Canada, which have an economic development similar to that of the United States, will have economic and socioeconomic concerns quite similar to the United States (rational use of natural resources, redistribution of income, efficient allocation of public resources, etc.).

On the other hand, less developed nations such as those of Africa, Haiti or Cuba, for example, will have different concerns, such as guaranteeing access to water, food and sanitation for all their inhabitants, or generating foreign investments that provide jobs for their residents.

8 0
4 years ago
If a Starbucks vanilla latte costs $5 in Seattle and 4 euros in Paris, what must the exchange rate be if purchasing power parity
Alexandra [31]
Purchasing power parity is basically the value of money in terms of what can be bought irrespective of market or region.
In the current scenario, Starbucks are expected to cost the same whether in Paris or Seattle. What matters here is the exchange rates.
If Starbucks costs $5 in Seattle and 4 Euros in Paris, the exchange rate is,

Exchange rate = Cost in Seattle/ Cost in Paris = $5/4 Euros = $1.25 per Euro or 4 Euros/$5 = 0.8 Euros per dollar. This means that Euro has more value than the dollar.

The correct answer is c.
3 0
4 years ago
On January 1, 2021, Yancey, Inc. signs a 10-year noncancelable lease agreement to lease a storage building from Holt Warehouse C
Tom [10]

Answer:

The correct answer is D At the termination of the lease, the title to the building will be transferred to the lessee.

Explanation:

8 0
3 years ago
The Swiss Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direc
Georgia [21]

Answer and Explanation:

The computation of the equivalent units for direct material and conversion cost is shown below:

                  Physical units         Direct Materials        Conversion Cost

Beginning

Work in process

100% and 50%  250

Units Started         800

Total Units

Under process  1,050

Less : Ending

Work in process      150

Units Transferred

to TestingDepartment  900          900                            900                  

Ending Work in process 150          150                             112.50

(100% and 75%)

Equivalent units ofproduction 1,050   1,050                    1,012.50

7 0
4 years ago
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