Answer:
c. 5 to 10 percent
Explanation:
The smoothing constant alpha is a variable that forms a part of time series analysis. The basis of this time series analysis is known as the exponential smoothing.
Note that the exponential smoothing has its input in the form of smoothing factor used for calculations. It puts in place a weightage menthod to calculate demand.
the firm is engaged in the production of standard item with a stable demand, This can be estimated at 5 to 10 percent as the stable demand would result in the firm having standarised processes and forecasts in place as per the expected production capacity the differences will be minimal.
Training for what? Or just training
The answer to this question is to use the
Geographic segmentation when stocking condiment merchandise.
<span>Geographic segmentation is dividing the
market or consumers in terms of geography. An advantage of using geographic
segmentation is business and companies would help large companies to segregate
market and consider the differences of different countries. Also, in geographic
segmentation it allows the business to expand because the company can have a
marketing study on a specific area for using geographic segmentation.</span>
Answer:
C.
Explanation:
Wholesaling consist of the sale and all activities in selling goods or services to those who buy for resale or business use.
Characteristics of Wholesaling:
-Wholesalers generally buy merchandise direct from the producers in large quantity mainly in cash.
-They are trading concern having an army of agents and stocks the large quantity of goods, supply or sell goods to the directly or through their agents in small quantities.
-Wholesalers are financially good health. They purchased goods in cash from the manufacturer and sell to the retailers on credit.
-Wholesalers profit margins is very small so that they can maximizes their sales volume to earn maximum profit.
-They deals in limited product line or products.
-They maintain warehouse and godown at different places in the country to facilitate the trade at minimum transportation charges.
They sometimes make the grading of goods under their own name or brand name.
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
