Weekly demand for dry pasta at a supermarket chain is as follows
Estimate demand for Week 11 using a simple exponential smoothing with α = 0.2. Evaluate the MAD, MAPE, and MSE. Find the best smoothing constant (alpha) that minimizes MSE.
Please use excel solver !
Answers
You'll find the best smoothing constant (alpha) that minimizes MSE, and you can use it to estimate the Week 11 demand more accurately.
To estimate Week 11 demand using simple exponential smoothing and evaluate MAD, MAPE, and MSE in Excel, follow these steps:
1. Input weekly demand data in column A (A1-A10).
2. Set α value (0.2) in a cell, e.g., B1.
3. Calculate smoothed values in column B. For B2, use "=A1". For B3 to B11, use the formula "=B1 * (1-$B$1) + $B$1 * A2".
4. Calculate errors (actual - forecast) in column C. For C3 to C11, use "=A2 - B2".
5. Calculate absolute errors, squared errors, and absolute percentage errors in columns D, E, and F. Use "=ABS(C3)", "=C3^2", and "=ABS(C3/A2)*100" respectively.
6. Find the average of absolute errors (MAD), squared errors (MSE), and absolute percentage errors (MAPE) in row 12 using "=AVERAGE(D3:D11)", "=AVERAGE(E3:E11)", and "=AVERAGE(F3:F11)".
7. Use Excel Solver to minimize MSE (E12) by changing the α value (B1). Set Solver's objective as E12 and change the variable cell as B1, with a constraint of 0 <= B1 <= 1.
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Related Questions
if the price level is higher than expected, firms might raise their production in the short run if
Answers
If the price level is higher than expected, firms may raise their production in the short run in order to take advantage of the higher prices and increase their profits. This is because the higher prices provide firms with more revenue than they had anticipated, and they may want to increase their output in order to capture as much of this additional revenue as possible.
However, if the increase in production is greater than the increase in demand, firms may find themselves with excess supply and lower prices. This can lead to lower profits and may encourage firms to cut back on their production in the short run in order to stabilize their operations.
Overall, the decision to raise production in the short run in response to a higher price level will depend on a variety of factors, including the degree of excess demand or supply in the market, the costs of producing additional output, and the firm's overall profit goals.
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Alicia would like to make important text in her spreadsheet stand out. Alicia should _____.
use light-green text on a yellow background
add some arrows to point to the cells
use underlining or bold text
use a fancy font
Answers
Mother and Daughter Enterprises is a relatively new firm that appears to be on the road to great success. The company paid its first annual dividend yesterday in the amount of $.28 a share. The company plans to double each annual dividend payment for the next three years. After that time, it is planning on paying a constant $1.50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 11.5%
Answers
Answer:
$12.43
Explanation:
Price of the stock can be determined by calculating the present value of the stock
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = 0.28 x 2
Cash flow in year 2 = 0.56 x 2
Cash flow in year 3 = 1.12 + 1.50 0.115
I = 11.5
PV = 12.43
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Riskier investments can yield higher returns:
A) but, are generally less expensive
B)but, generally experience steeper downturns
C) so, you should invest all your money in high risk stocks
D) none of the above
Answers
The Riskier investments can yield higher returns, Because They put your money at higher risk. This means that if things go well, high-risk investments can produce high returns.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
The risk investment may offer the chance of higher returns than other investments might produce, but they put your money at higher risk. This means that if things go well, high-risk investments can produce high returns. But if things go badly, you could lose all of the money you invested.
Therefore, Thus option (D) is correct.
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According to the video, which employer hires most career Firefighters?
city and country fire departments
chemical and manufacturing plants
airports
agencies that fight forest fires
Answers
The first choice, which refers to both city and rural fire departments, is correct.
What do firefighters contribute to society?A firefighter is a first officer on the scene and rescuer who has received extensive training in firefighting. Their main duty is to put out dangerous fires that endanger men's careers, their property, and the environment.They may also be required to protect the life of livestock in specific circumstances or jurisdictions.. A female firefighter is less commonly referred to as a firewoman than a male firefighter.
One of the three basic emergency responders is the fire service, typically known as the fire dept or fire department in multiple countries. There are now firefighters everywhere in the world, both on ships and in cities..
Throughout a firefighter's career, the skills necessary for safe operations are routinely practised throughout training evaluations. Introductory firefighting techniques are typically taught in fire academies or training programmes that have received municipal, regional, or state approval. Further knowledge and credentials in fields like technical rescue and pre-hospital medicine may also be obtained at this time, depending on the demands of a department.
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Answer:
city and country fire departments
The additional income from
selling one more unit of a good
O increasing marginal returns
O diminishing marginal returns
O marginal revenue
O marginal product of labor
O marginal cost
Answers
C, marginal revenue
Explanation: Marginal revenue is the additional income from selling one more unit of a good. It is usually equal to the price.
Happy to help, have a great day! :)
Gillian is a real estate licensee who attends a party at the home of a mortgage broker, Tim, with whom she has worked in the past. At the party, Tim offers her tickets to a concert, saying that he can’t use them. She accepts gladly, and laughs when Tim says as he hands the tickets over, "And all I ask in return is that you send a customer or two my way!" Is Gillian guilty of a violation? Unset starred question No, but Tim is. No, there is no violation. Not unless she neglects to disclose the exchange and the value of the tickets to her broker within three days. Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Answers
Answer:
Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Explanation:
Real Estate Settlement Procedures Act (RESPA) are a set of guidelines for licencing agents and real estate agents that is aimed at bringing transparency to settlement costs of properties.
It prohibits referral fees and kickbacks with the view of reducing final closing price to consumers.
In the given scenario Tim offers Gillian tickets to a concert, saying "And all I ask in return is that you send a customer or two my way!"
This is considered to be a referral fee which is in violation of RESPA.
According to the video, what qualities do Carpenters need to have? Select three options.
math skills
physical strength
the abilty to work with their hands
language skills
leadership
the ability to motivate other people
Answers
Math skills, physical strength, and the ability to work with their hands are the skills that carpenters need.
What are carpenters?
Carpenters build, install, and fix various fixtures and buildings for homes, businesses, and industries. Carpenters often deal with concrete, steel, and wood. Carpenters are frequently involved in the upkeep and destruction of these buildings and furnishings. These tasks might range from constructing bridges to installing office building entrances.
The majority of carpenters learn their craft through a three to four-year apprenticeship that emphasizes core skills like sawing, measuring, drawing, and interpreting blueprints. There is an emphasis on safety instruction in addition to technical training. Carpenters need to be skilled with their hands, have a keen eye for detail, and be able to work through issues as they occur.
Therefore, math skills, physical strength, and the ability to work with their hands are the skills that carpenters need to have.
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Answer:
Math Skills
Physical Strength
The Ability To Work With Their Hands
clipper company sells two types of nail clippers. one focuses on the economy oriented customer and the other aims to satisfy the high-end clientele. the economy clipper costs $7 and has a sales price of $14. the high-end model costs $14 and sells for $23. fixed costs associated with this product line amount to $72,960. economy clippers constitute 70 percent of the market with the remaining 30 percent being high-end clippers. based on this information what is the total number of clippers that must be sold to earn a $34,200 profit?
Answers
14100 Clippers must be sold to earn a profit of $34,200.Here is the method by which we can calculate the number of clippers.
Here we will assume the sales = x
((Economy clippers × Sales price) - (Economy clippers × Economy clipper cost)) + ((Remaining percentage × Sales) - (Remaining percentage × High end model cost) - Fixed cost = Profit
= ((0.70x × $14) - (0.70x × $7)) + ((0.30x × $23) - (0.30x × $14)) - $72960 = $34200
= (9.8x - 4.9x) + (6.9x - 4.2x) = $72960 + $34200
= (4.9x + 2.7x) = $107160
= 7.6x = $107160
x = $107160 ÷ 7.6
x = 14100 clippers
So, the total number of clippers that must be sold to earn a $72960 profit = 14100 clippers
Economy clippers is 70% of the market = 14,100 × 70%
= 9870 clipper
High-end clippers is 30% of the market = 14100 × 30%
= 4230 clipper
So, the total number of clippers = 9870 clipper + 4230 clipper
= 14100 clippers
Therefore by using the above formula we simply solve the total number of clippers.
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Which statement explains how a credit card is a form of financial exchange?
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
A credit card can be used to pay for services, and the user agrees to pay these charges at a later time.
Each credit card has a certain monetary value, which users exchange with each other like currency.
Credit cards are paper documents that users write on to indicate the amount being paid to a merchant.
Answers
Answer:
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
A buyer agrees to purchase a house for $234,500. The buyer pays $2,000 as earnest money and obtains a new mortgage loan for $167,500. The purchase contract provides for a March 15 closing. The buyer and the sellers prorate the previous year's real estate taxes of $4,880. 96, which have been prepaid. The buyer has additional closing costs of $2,250, and the sellers have other closing costs of $1,850. How much cash must the buyer bring to the closing
Answers
Down payment = Total cost - Mortgage loan
Down payment = $234,500 - $167,500
Down payment = $67,000
The buyer has already paid $2,000 as earnest money, so the remaining cash required at closing will be:
Cash required = Down payment + Closing costs - Earnest money - Prorated taxes
Cash required = $67,000 + $2,250 + $1,850 - $2,000 - $4,880.96
Cash required = $63,219.04
Therefore, the buyer must bring $63,219.04 in cash to the closing.
Do you have some material otherwise known as you resource at home including Poster board construction paper markers and colored pencils. You want to earn some extra money and you have two choices go into the card making business or banner business. You choose banner making. After four days trying to find Customer You end up with no orders this incentive will most likely causeyou to.
Answers
Answer: c. use your resources to make cards instead
Explanation:
You had the choice between making banners and making cards. You chose making banners because you thought you stood a better chance of earning returns here.
It did not work out however and returns have not been made in 4 days. It would therefore make sense to go back to the other alternative you had so that you could see if that one works so this incentive will most likely cause you to use your resources to make cards instead.
What is one major problem created by globalization?
A. Military conflicts between powerful nations have increased.
B. Fewer workers are able to get an education related to their jobs.
C. It has become more difficult to get products made in other countries.
D. An increase in international shipping has led to more pollution
Answers
Answer:
d
Explanation:
Globalization is the process by which the organization starts working worldwide. The problem is an expansion in global delivery has led to contamination.
What is globalization?It is the cycle by which organizations or different associations foster worldwide impact or begin working on a global scale.
The problem of globalization is an expansion in global delivery /shipping has prompted more contamination.
Therefore, option D describes the problem of globalization.
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If a business is owned by many people, it is called a _____ . A. sole proprietorship. B. corporation. C. limited liability company. D. partnership
Answers
Answer:
bbb
Explanation:
When a business is owned by many people, then such a kind of business will be termed as corporation. Hence, Option B is correct.
What is a business?A business is a term which is used to denote the kind of activity that makes a person engaged and so that they can earn money to provide support to their family as well as themselves.
In terms of the monetary sector, with the help of this , they will continue in a smooth and efficient manner. With the help of business, one can earn that much money through which they can move towards master status.
When a person runs a kind of business there, apart from him, many other people will also become owners. It will be referred to as a corporation.
Therefore, Option B is correct.
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What is market information?
Answers
Answer:
Market Information means an electronic document (also available in paper form upon request) located on the Trading Platform which sets out the commercial details for each Market, including but not limited to: Margin Factors, the minimum and maximum Quantity and Our Spread.
Explanation:
brainliest plz
Answer:
The results of marketing research that are used to plan for future marketing or product development activities. The information may come from a single source or through a system of collection.
Explanation:
on edge 2022
Who do you think has the most
influence?
Answers
Answer:
because the influence is an important
A company reported that its bonds with a par value of $50000 and a carrying value of $66.500 are retired for $71,400 cash, resulting In a loss of $4,900. The amount to be reported under cash flows from financing activities is: a. $(71,400). b. $(16,500). c. $(66,500). d. $16,500. e. $(4,900).
Answers
The correct answer is (a) $(71,400).
When a company retires bonds, cash flows from financing activities will be affected. Bonds with a par value of $50,000 and a carrying value of $66,500 were retired for $71,400 cash, resulting in a loss of $4,900.
The company will report cash flows from financing activities of $(71,400). This is calculated by subtracting the carrying value of the bonds ($66,500) from the amount received for the retirement of the bonds ($71,400). The loss of $4,900 is not reported in the statement of cash flows.
The other answer choices are incorrect because:
- (b) $(16,500) is incorrect because it is the difference between the par value of the bonds ($50,000) and the cash received for the retirement of the bonds ($71,400).
- (c) $(66,500) is incorrect because this is the carrying value of the bonds, which was not reported in the statement of cash flows.
- (d) $16,500 is incorrect because it is the difference between the cash received for the retirement of the bonds ($71,400) and the par value of the bonds ($50,000).
- (e) $(4,900) is incorrect because this is the amount of the loss that was not reported in the statement of cash flows.
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Alfonso's Daughter Is On The High School Football Team And The Team Is Hosting A Bake Sale To Raise Funds For Travel. This Is An Example Of: a. Indirect Channel
b. Retail Channel c. Agent Channel d. Direct Channel
Answers
The scenario described, where Alfonso's daughter's high school football team is hosting a bake sale to raise funds for travel, is an example of a direct channel.
A direct channel refers to a distribution channel that involves the manufacturer or producer selling directly to the end consumer, without the involvement of intermediaries such as wholesalers, distributors, or retailers.
In this case, the high school football team is the producer, and they are directly selling their baked goods to end consumers, which are likely members of the local community.
The use of a direct channel can be advantageous in certain situations. It allows the producer to have more control over the marketing and sales process, and potentially earn higher profit margins by eliminating intermediary markups.
Additionally, direct channels can be beneficial for building relationships with customers and gathering direct feedback on the product or service being sold.
In conclusion, the high school football team hosting a bake sale to raise funds for travel is an example of a direct channel distribution, where the producer (the football team) is directly selling their product (baked goods) to end consumers.
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Which of the following is NOT included in finance charges?
A: Change of address fees
B: Overdraft fees
C: Annual fees
D: Late fee charges
Answers
The Late fee charges is not included in finance charges.
A late fee is a charge imposed on a consumer who fails to make the payment on a debt or other financial obligation by the due date.
The finance charge does not include any charge of a type payable in a comparable cash transaction.
The charge is not included from finance charge are application fees charged to all applicants, charge for late payment, seller's point, real- estate related fees.
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According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answers
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
a (blank) is a rule or limit placed on the supply of a good or service by the government
Answers
A price ceiling is a rule or limit placed on the supply of a good or service by the government.
Why is there a price ceiling?A price ceiling is the imposed upper limit on what a seller may charge for a good or service. Price ceilings, which are normally established by law, are frequently applied to necessities like food and energy supplies when they become expensive for regular consumers.
A price cap is advantageous to whom?Benefits accrue to individuals who are able to buy the product for the lower price set by the price ceiling, but sellers of the goods and others who are unable to buy the commodity at all suffer.
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37. The top of the plate where food is placed is called?
A) Food-danger zone.
B) Food-contact surface.
C)Food-temperature risk.
D) Food-stacking area.
Answers
Answer:
B. Food-contact surface
Explanation:
no idea
The plate's surface where the food is laid down is known as the 'Food-contact surface.'
Firstly, we will understand about 'Food Contact Surface.'
Any surface that directly comes in touch or contact with food items. It may include knives, cutting boards, plates, vessels, etc. Therefore, such surfaces are required to maintain top-class hygiene to prevent any kind of contamination.'Food-danger zone' is characterized as the area or region which may lead to infect or poison the food and the food must be protected to be placed from there.
'Food-temperature risk' is the probable threat to a particular food due to reaching or not maintaining a specific temperature resulting to spoil it.
'Food-stacking area' where plenty of food is stored in air-tight boxes or in refrigerators.
Thus, this makes option b i.e. 'food-contact surface' as the correct answer.
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What is a major function of the public sector
Answers
Answer:
Public sector provides many services such as; education, health and social care.
A producer of white board markers has tracked the number sold of their most popular marker over the past 6 weeks. This is shown in the table below. Use a linear trend line equation to compute sales of those markers for week 7 .
Answers
Sales of white board markers for week 7 can be calculated by using the linear trend line equation that represents the trend in sales over the past 6 weeks. According to the table provided, the sales of the most popular white board marker have been increasing over the past 6 weeks, with a total of 390 units sold. Therefore, the trend suggests that the sales of this marker will continue to increase in week 7.
The linear trend line equation can be used to determine the exact number of markers that are expected to be sold in week 7. The equation is Y = mx + b, where Y is the dependent variable (sales), x is the independent variable (weeks), m is the slope of the line, and b is the y-intercept. Using the data from the table, we can calculate the slope and y-intercept of the line. Once we have these values, we can plug in x = 7 to determine the expected sales for week 7.
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How's everyone's day? explain please
Answers
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
Why is it important to use the right strategies to beat competition?:
Answers
Answer:
Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.
Select the correct answer.
In the United States, which assessment system measures inflation?
ОА.
demand for goods
OB. supply of goods
OC.
consumer price index
OD. money supply in the economy
Answers
Answer:
C. consumer price index
Explanation:
The consumer price index CPI is the index used in the USA to measure inflation. The CPI calculates changes in the weighted average prices of a basket of goods and services representing consumer expenditure in the economy. The average change in prices computed in the CPI communicates the rate of inflation.
Inflation is the average change in prices in the economy in time. The CPI measures the changes in the weighted average prices of a basket of goods and services representative of consumer spending. Therefore, the CPI measures the rate of inflation.
(PLEASE ANSWER FAST!!) (13 POINTS)
If you’re going to school full time, it will usually take you at least _________ to earn 120 hours of study (or around 40 classes that meet three times a week).
A. two years
B. six years
C. four years
D. five years
Answers
Answer:
C. four years
Explanation:
hope this helps
Answer:
The answer is C. four years.
Explanation:
Bachelor’s degree: Approximately 4 years of full-time study (120 credit hours)
(B) It is often argued that many things that contribute to people’s material
betterment and general well-being are not included in the GDP measured
calculations. The textbook, the power-point, and the relevant supplementary
reading, discussed a number of them. What are they, and why and how are they not
included? If they were or could be included, would it suggest that GDP growth
had been more or less than the measured Gross Domestic Product? In this
context, supposed that it became possible to include various "positive" or
"negative" externalities in measured GDP? What is an "externality"? How
might that impact measured GDP if such externalities were included?
Answers
- Factors not included in GDP measurements include non-market activities, household production, underground economy, leisure time, environmental quality, and income distribution.
- These factors are not included because they are difficult to quantify or assign a monetary value, and GDP focuses primarily on market-based production and consumption.
- If these factors were included, it would suggest that GDP growth had been more comprehensive and reflective of overall well-being.
GDP measures the market value of goods and services produced within a country's borders. However, there are several aspects of people's material well-being and general welfare that are not captured by GDP calculations. These include:
1. Non-market activities: Activities such as household chores, caregiving, and volunteer work that are not part of the formal market economy are not included in GDP. These activities are valuable and contribute to well-being but are not monetized.
2. Household production: Goods and services produced within households for personal consumption, such as growing food or repairing household items, are not counted in GDP. These activities contribute to people's well-being but are not exchanged in the market.
3. Underground economy: Informal or illegal economic activities that occur outside the official system, such as unreported income or illegal trade, are not accounted for in GDP. These activities can be significant in some economies but are difficult to measure accurately.
4. Leisure time: GDP does not consider the value of leisure time or free time enjoyed by individuals. While leisure is an essential aspect of well-being, it is not captured in monetary terms.
5. Environmental quality: GDP does not account for the negative environmental impacts associated with economic activities. It does not consider the costs of pollution, depletion of natural resources, or the value of a clean environment.
6. Income distribution: GDP measures the overall size of the economy but does not reflect how income is distributed among individuals. It does not capture inequality or disparities in wealth.
If these factors were included in GDP calculations, it would provide a more comprehensive measure of societal well-being and progress. It would recognize the value of non-market activities, the importance of leisure time, and the need for environmental sustainability. Additionally, including positive or negative externalities, which are the spillover effects of economic activities on society, would impact measured GDP. Positive externalities, such as investments in education or healthcare, would increase GDP, while negative externalities, such as pollution or social costs, would decrease GDP.
In summary, GDP measurements have limitations as they do not account for various factors that contribute to people's well-being and general welfare. Including these factors would provide a more holistic assessment of societal progress. Externalities, which are the side effects of economic activities, would also affect GDP if included in calculations.
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suggests that a director does not have to be an expert to actually run the company? a) duty of care; b) duty of good faith; c) duty of candor; d) duty of loyalty
Answers
Option a: Duty of care legal duties of board members suggests that a director does not need to be an expert or actually run the company.
Individuals or entities have a legal need to refrain from acts or omissions that could reasonably be expected to harm others. This duty is called/is known/foreknown the duty of care. For example, accountants have a duty of care to properly prepare their clients' tax returns to reduce the likelihood of an IRS audit.
Manufacturers also have a responsibility to ensure that their products are safe for the general public. As you explore this idea, consider the following definition of duty of care. The duty that a person or organization has when doing business with or interacting with another person or organization is called a duty of care. Under tort law, a person or entity has a duty of care to act in a manner equivalent to that which a reasonable person would do.
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Complete question:
Which of the following legal duties of board members suggests that a director does not need to be an expert or actually run the company?
a. Duty of care
b. Duty of good faith
c. Duty of candor
d. Duty of loyalty