In trying to forecast demand for a new product, an ideal situation would be one where an existing product or generic product could be used as a:_________

Answers

Answer 1

A qualitative technique in forecasting historical analogy in trying to forecast demand for a new product, an ideal situation would be where an existing product or generic product could be used as a model.

More about historical analogy:

The historical analogy method, which may be accurate and affordable, primarily estimates the demand for a new product. In order to create the greatest fit forecast, it starts with forecasts and historical data of any comparable or pertinent existing products.

A forecasting technique known as forecast by analogy makes the assumption that two distinct types of phenomena would behave similarly.

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Related Questions

Which of the following are automatically withheld from paychecks?

Answers

Taxes are automatically withdrawn from paychecks.

Assuming elasticity of demand is reported as an absolute value, a price elasticity of demand of 0.4 indicates an: Multiple Choice elastic demand, meaning the percentage change in quantity demanded will be greater than the percentage change in price. inelastic demand, meaning the percentage change in quantity demanded will be greater than the percentage change in price. elastic demand, meaning the percentage change in quantity demanded will be less than the percentage change in price. inelastic demand, meaning the percentage change in quantity demanded will be less than the percentage change in price.

Answers

A Price elasticity of 0.4 means that there is inelastic demand, meaning the percentage change in quantity demanded will be less than the percentage change in price.

Price elasticity shows how much the quantity that is demanded of a good will change as a result of prices changing.

When the Price elasticity is less than 1, as is the case here, it means that for every 1% change in price, there is a 0.4% change in quantity demanded. This means that demand is inelastic as it does not change significantly as a result of a price change.

Examples of such goods include:

medicine utilities foodall essential goods

In conclusion, a price elasticity of 0.4 means that a good is inelastic because the quantity demanded of it does not change significantly in response to a price change.

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What is market & what is stock market?​

Answers

Answer:

The stock market is where investors can buy and sell securities, or stakes in individual companies as well as exchange-traded funds (ETFs). The market concept is also used for the trading of other items like bonds and treasuries, but the stock market has the most public visibility.While the Market can be physical like a retail outlet, or virtual like an e-retailer. Other examples include the black market, auction markets, and financial markets.

Hope this helps,If you have any questions revolving around this topic,feel free to ask me,Good luck!

Man is termed an 'economic animal' because he a) has the ability to understand economic activities b) lives a life which is governed by economic forces c) studies economies in order to live a productive life d) uses his ability to satisfy his wants from the gifts of nature

Answers

Answer:

The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.

Explanation:

that should help

What does an invasion biologist study?
help me

Answers

Answer:

Invasion biology deals with invasive species. If an “invasive” species is defined as a species that spreads to the detriment of economic interests and public health, however, invasion biology could not be easily distinguished from pest management and public health sciences.

Explanation:

the elements of a brand that cannot be spoken are called the ______.

Answers

The elements of a brand that cannot be spoken are called the brand mark.

Every band has its properties and elements such as the brand name and

brand equity which can be spoken to describe what the brand is all about.

These elements are usually unique and helps to describe the brand and its

operations.

However , the brand mark is like a logo and contains pictorial properties

which can be seen.

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Which of the following statutes are intended to provide for the needs of a surviving spouse or dependent children?
I. Omitted child statute
II. Disclaimer statute
III. Spousal elective share
A) III only
B) I only
C) I and III
D) II and III

Answers

C) I and III. The spousal elective share is intended to provide for the surviving spouse, and the omitted child statute is intended to provide for dependent children who were accidentally left out of a decedent's will.

The disclaimer statute allows a beneficiary to refuse to accept a gift or inheritance, but it does not specifically address the needs of a surviving spouse or dependent children. A specified percentage from the deceased spouse's probate estate is often given to the surviving spouse under spousal elective share. Regardless of the length of the marriage, this portion is typically one-third of the estate. Omitted child statutes are intended to carry out a parent's allegedly intended inclusion of a later-born child in their will. Only children who were mistakenly left out are protected by the law.

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Why are aircraft carriers a thing? Why can’t there just be an airport on land only for military aircraft?

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Answer:

Aircraft carriers are a vital component of modern naval warfare because they allow for military aircraft to operate far from land bases, providing a mobile platform for conducting a wide range of military operations.

Unlike land-based airports, aircraft carriers are not limited to fixed locations and can be moved to strategic locations in response to changing military requirements. This mobility provides significant advantages, as carriers can be deployed to various regions of the world, allowing for rapid response times and the ability to project power over long distances.

Additionally, aircraft carriers have the ability to launch and recover a large number of aircraft in a short amount of time, providing a significant force multiplier for military operations. They can be used for a variety of missions, including air support for ground troops, strike missions against enemy targets, and reconnaissance and surveillance operations.

Furthermore, an aircraft carrier can also serve as a mobile command center, allowing military commanders to conduct operations from the ship's command and control center, which provides an added level of flexibility and operational capability.

In summary, while land-based airports are certainly useful for military operations, aircraft carriers provide unique advantages that make them an essential part of modern naval warfare.

Explanation:

I had this exact question. This should get you a 100% grade.

Which of the following is NOT one of the credit reporting agencies?

Answers

Answer:

we need the opitions lol

Explanation:

On a day with a high of 30°C, the café
can expect to have about blank in
beverage sales.

Answers

On a day with a high of 30°C, the café can expect to have about cold in beverage sales.

How can it be explained in detail?

The type of café, where it is located, what day of the week it is, what time of day it is, and other weather variables like humidity, precipitation, and wind can all affect the sales of drinks.

So it seems to reason that on a hot day like this, people would be more likely to buy cool and reviving beverages like iced coffee, iced tea, lemonade, or soft drinks. It Is possible that sales of hot beverages like coffee or hot chocolate may be lower than normal. To draw guests and boost sales, the café can also think about implementing seasonal specials or promotions.

In the end, a number of variables will determine the precise volume of beverage sales on a hot day.

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PLEASE HELP!
There are 2 types of sales approaches used in the sales process. These are: soft approach and hard approach. Explain both with examples for each.

Answers

Answer:

Soft Sell-Many customers appreciate the soft sell approach when they just need some guidance in deciding on a selection. The seller can use gentle persuasion or suggestion to convince the buyer. Soft sell techniques include pointing out that many of the items were sold last week, recommending a certain model that costs less or saying that you recently bought the same product and are happy with it. No pressure is used. You state facts and allow the buyer to decide.

Hard Sell-High-pressure tactics often are not well-received by customers. However, the intimidation in the hard sell might cause some people to buy a product they don’t really want or need. Hard sellers try to make customers feel they must buy the product or service right now. The salesman claims that the product might be gone tomorrow or the that customer has no need to wait because the seller guarantees satisfaction. The seller tries to make the decision for the customer in a hard sell. “You can afford it” or “If you don’t buy it now, it won’t be here later,” the salesperson might say. Many customers are aware of the hard sell and walk away immediately. The soft sell approach usually results in more sales, but the hard sell works sometimes.

NOT MINE FROM THE INTERNET.

Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.

Answers

Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.

Explanation:

Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.

Which of the following statements is correct regarding a limited partnership?A.The general partner must make a capital contribution.B.It can only be created pursuant to a statute providing for the formation of limited partnerships.C.It can be created with limited liability for all partners.D.At least one general partner must also be a limited partner.

Answers

Answer:h

Explanation:bvdvdsfvedg ergbergbergbergbegbergberg ergbergber

The statement which is correct regarding a limited partnership is option B.It can only be created pursuant to a statute providing for the formation of limited partnerships.

A limited partnership is a type of partnership identical to a general partnership, with the exception that a limited partnership needs at least one general partner (GP) and at least one limited partner rather than the minimum two required for a general partnership.

The primary distinction between general and limited partnerships is that general partners have complete operational authority over a business and, in the context of business, unlimited liability. Unlike general partners, limited partners are not involved in day-to-day activities and have a lower liability.

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Ami cut 6 and three-fourths inches off a long roll of paper. If the roll is now 36 and one-third inches long, how long was the original roll of paper? Write an equation and solve it to find the answer. 29 and StartFraction 7 Over 12 EndFraction inches 30 and StartFraction 7 Over 12 EndFraction inches 42 and StartFraction 1 Over 12 EndFraction inches 43 and StartFraction 1 Over 12 EndFraction inches

Answers

Answer: 43 1/12 inches

Explanation:

Since Amy Ami cut 6 3/4 inches off a long roll of paper and the roll is now 36 1/3, the length of the original roll of paper will be:

= 6 3/4 + 36 1/3

Note that the LCM of 4 and 3 is 12.

= 6 3/4 + 36 1/3

= 6 9/12 + 36 4/12

= 42 13/12

= 43 1/12 inches

kindly assist with research
my topic
The newly implemented e-payslip is not inclusive to all employees of the government.
what is the problem?
why is it the problem?
3 things that should be done to solve the problem?

Answers

The problem in the topic is the newly implemented e-payslip is not inclusive to all employees of the government. The reason why this is a problem is because it can cause dissatisfaction and confusion among employees who do not have access to the e-payslip.

Also, the e-payslip system may not be accessible or user-friendly for all employees who are supposed to use it.

Here are three things that should be done to solve the problem:

1. Conduct research: Research should be conducted to find out which employees are not included in the e-payslip system and why. This can help identify any technical or logistical problems that may be preventing some employees from using the system.

2. Increase accessibility: Steps should be taken to increase the accessibility of the e-payslip system so that all employees can use it. This may involve providing training and support to employees who are not familiar with using digital systems.

3.Improve communication:

Clear communication should be provided to all employees about the e-payslip system, including how to access it, how to use it, and how it benefits them. This can help address any confusion or dissatisfaction among employees who are not currently using the system.

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ways in which landscape can be created .plz answer this ​

Answers

Answer:

finding land and making the land into wha ever yu want

Explanation:

hopes this helps

True or false? If the demand for a product decreases and the supply of the product increases, the equilibrium price of the product may increase or decrease, depending upon whether supply or demand has shifted by more.

Answers

True. The equilibrium price of a product is determined by the intersection of supply and demand in the market. If the demand for a product decreases.

It means that consumers are willing to buy less of the product at a given price. If the supply of the product increases, it means that producers are offering more of the product at a given price. The impact on the equilibrium price will depend on the magnitude of the shifts in supply and demand. If the decrease in demand is greater than the increase in supply, it will put downward pressure on the equilibrium price, resulting in a decrease. Conversely, if the increase in supply is greater than the decrease in demand, it will put upward pressure on the equilibrium price, leading to an increase.

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What is the structure of Public corporation

Answers

Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.

How does a notice board help in providing information?​

Answers

Answer:

to boost the marble of employees

Answer:

A notice board can display graphs, data, facts and other relevant information

Explanation:

A notice board saves time, keep people informed, and can be serve for many purposes.

What was one result of the Bretton Woods system?
A. The U.S. dollar became backed by gold for the first time.
B. The U.S. dollar was no longer accepted in most countries.
C. The U.S. dollar became more valuable and influential.
D. The U.S. dollar lost its status as the world's reserve currency.

Answers

One of the results of the Bretton woods system was that the U.S dollar became more valuable and influential.

What is Currency?

Currency is a medium for exchange for goods and services. It is a form of legal tender approved by the government and accepted by all as a means of exchange.

The U.S dollar is a popular form of currency that is accepted by most countries as a form of exchange. After the Bretton Woods system was adopted, the U.S dollar became more influential and valuable to many.

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Does your employer have to pay you for unused vacation time?.

Answers

Employers are usually required to pay the employees for unused vacation time.

In several areas, businesses are required to reimburse terminated employees for any unused vacation time. However, employers can still decide to pay current employees for unused vacation time in the employment contract in states that permit these policies. In these situations, the contract is enforceable.

When a worker is fired, certain states' laws mandate that the company pay for any unused paid time off, or PTO cash out. This covers both sick time and vacation days. The legislature approved some of these laws. Others derive from the common law method used in courts. Other legal interpretations are made by the state's executive branch and are not binding.

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fill in the blank: a business is determining who should be responsible for the data in their current data analysis project. this means that the company is in the stage of the data life cycle. A. plan B. manage C. capture D. analyze

Answers

The company's data life cycle is B. manage. From production to disposal, data goes through the data life cycle. Plan, capture, manage, analyze, and archive or dispose of data.

The business is choosing a data analyst for their current data analysis project. Data management includes this decision-making process. Management ensures data quality, security, and accessibility by organizing, controlling, and administering it.

Data management requires data ownership and responsibility. Data collection, storage, maintenance, and analysis are assigned roles and responsibilities. The organization can assure data security and compliance by assigning unambiguous ownership to the data analysis project. Thus, determining data accountability implies that the firm is in the management stage of the data life cycle.

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Assume that the manager of a local discount store hires you as a consultant to assess the store's available space. What suggestions would you
make In order to use the space most productively?

Answers

The suggestions I would make In order to use the space most productively as a consultant is to advice them not to be storing any fault item from the factory in  their store but return them immediately, and also to make sure then go for products that can seel fast in the market.

What is productivity?

Productivity serves as the effectiveness of productive effort, which is been put  in  by the firm and it can be measured in terms of the rate of output per unit of input.

If the store can make use of the advice, then the space will be enough to run their business effectively.

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A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?​

Answers

Answer:

$50

Explanation:

25% = 1/4

200 / 4 = 50

50*3=150, which is 25% off.

Plzzz help me with this one

Answers

Answer:

what the question.....

cardinal industries purchased a generator that cost $13,000. it has an estimated life of 5 years and a residual value of $3,000. it is estimated that it will be good for 5,000 hours. compute the depreciation expense for the first full year using the straight-line method of depreciation.

Answers

To calculate the annual depreciation expense using the straight-line method, you need to determine the depreciable base of the asset first. The depreciable base is the cost of the asset minus its residual value.

In this case, the depreciable base of the generator is:

Depreciable base = Cost of asset - Residual value

Depreciable base = $13,000 - $3,000

Depreciable base = $10,000

Next, you need to calculate the annual depreciation expense by dividing the depreciable base by the estimated useful life of the asset:

Annual depreciation expense = Depreciable base / Estimated useful life

Annual depreciation expense = $10,000 / 5

Annual depreciation expense = $2,000

Therefore, the depreciation expense for the first full year using the straight-line method of depreciation is $2,000.

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analyzes which markets are accessible to your company​

Answers

Answer:

How do you analyze a company's market?

These are the seven steps of conducting a market analysis:

Determine your purpose. ...

Research the state of the industry. ...

Identify your target customer. ...

Understand your competition. ...

Gather additional data. ...

Analyze your data. ...

Put your analysis to work.

What should a market analysis include?

What to include in your market analysis. Your market analysis should include an overview of your industry, a look at your target market, an analysis of your competition, your own projections for your business, and any regulations you'll need to comply with.

How do you analyze a company's market?

These are the seven steps of conducting a market analysis:

Determine your purpose. ...

Research the state of the industry. ...

Identify your target customer. ...

Understand your competition. ...

Gather additional data. ...

Analyze your data. ...

Put your analysis to work

Explanation:

MARK A BRAINLESS THIS ANSWER IS CORRECT

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United Supply has a $20 million liability at December 31, 2021, of which $4 million is payable in each of the next five years. United Supply reports the liability in the balance sheet as a:

Answers

Serían 800,00 por año

economists argue that rent controls carry long-run unintended consequences such as:_____

Answers

Economists argue that rent controls carry long-run unintended consequences, which can include:

Reduced supply of rental housing: Rent controls can lead to a reduction in the supply of rental housing, as landlords may choose to sell their properties rather than continue to rent them at below-market rates. This can result in a shortage of rental housing, which can make it harder for people to find affordable places to live.

Deterioration of rental housing: Rent controls can also lead to the deterioration of rental housing, as landlords may be less motivated to maintain their properties if they are not able to earn a fair return on their investment. This can result in decreased quality and safety of rental housing, which can negatively impact tenants.

Increased housing costs: Rent controls can also lead to increased housing costs in the long run, as they can create a black market for rentals and lead to a shortage of rental housing. This can result in higher rents for those who are able to find a place to live, as well as higher housing costs for homeowners who are seeking to rent out their properties.

Overall, economists argue that rent controls carry long-run unintended consequences, including reduced supply of rental housing, deterioration of rental housing, and increased housing costs. These consequences can have negative impacts on both tenants and landlords, and they can make it harder for people to find affordable places to live.  

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The US Senate has approved approximately how many treaties?
O 2.500
O 1,500
O 2,000
O 1.000

Answers

Answer:

2500

Explanation:

The United States Senate has approved approximately 2500 treaties. This assertion is based on the statistics that fifty years after the United States independence, the US Senate has only approved 60 treaties. By the period World War II began in 1939, the US Senate has approved another 800 treaties. Also, between 1940 to 1989, the United States Senate has approved an additional 759 treaties. And between 1989 to this moment, the United States Senate has reportedly approved 890 treaties.

Hence, summing all of them together, we have 60 plus 800, plus 759, plus 890, making it 2509 treaties. That is approximately 2500 treaties.

Answer:

B. 1,500

Explanation:

It’s on the passage

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