Answer:
False
Explanation:
Although separate planning of sales and marketing sectors can be used to ensure the integrity of the assumption about the future they are not developed for this purpose. Both sales and marketing plans are devised for different purposes and they have different roles to play. That is the basic reason they are typically developed separately.
B. Random Fluctuation
The Objective of the smoothing method is to smooth out Random Fluctuation.
Each technique is referred to as a "smoothing approach" since its goal is to "smooth out" the time series' unpredictable fluctuations. These techniques are user-friendly and typically offer a high level of accuracy for short-range forecasts, such as a forecast for the upcoming time period. To eliminate random oscillations, smoothing techniques are used. All options are valid when choosing an alpha value for exponential smoothing. The equation yields a time series linear trend in thousands of dollars. While smoothing doesn't provide us with a model, it might be a helpful first step in characterizing different elements of the series. Data smoothing is used to account for the impacts of seasonality and ignore one-time outliers.
The surface's boundary, however, can have tangential noise that has not been smoothed. Smoothing with exponential growth and moving averages. A moving average smoothes a series by combining the monthly data points into longer time units, such as the average of several months' worth of data.
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Answer:
D. a group of buyers and sellers of a product and the arrangement by which they come together to trade.
Explanation:
The market is the place at which the buying and selling of goods and services are taken place. It could come via direct contact, indirect contact through agents or brokers.
It is a trading of goods and services where the seller can able to sell the products and the buyer can buy the products that satisfy its needs and wants so that he or she could get the maximum satisfaction after consuming the product
Solution :
A firm hires labor till a point where the cost of hiring is equal to the value of the additional revenue it produces.
We know ,
the wage rate = cos of hiring an additional worker
the value of the additional revenue that the firm produces = price x (MPI) marginal product of the labor.
Therefore, the firm will hire when :
Wage = value of the additional revenue it generates
Thus, wage = price x (MPI) marginal product of the labor ...........(i)
Therefore, given :
wage of a worker = $ 45
Price = $ 12
So, 45 = 12 x MPI
MPI = 3.8
So the marginal product of employing three days of labor = 25-18/4-3 = 7
Marginal product of employing four days of labor = 30-25/4-3 = 5
So the 4th day produces less revenue than the cost that it generates.
So, the firm should hire 3 workers.