The marginal-cost curve intersects the average-total-cost curve at the output level where average fixed costs are zero, the given statement is true because at the point where average fixed costs are zero, the average total cost is solely determined by the variable costs.
Marginal cost (MC) represents the cost of producing an additional unit of output, while average total cost (ATC) is the total cost of producing all units of output divided by the total output. The point of intersection of the marginal cost and average total cost curves represents the point where marginal cost is equal to average total cost. At this point, the cost of producing one more unit is equal to the average cost of producing all units, this is the most efficient point of production where the costs are minimized.
When average fixed costs are zero, the marginal cost curve cuts through the average total cost curve from below, pulling it downwards, this is because average variable costs are decreasing with increasing output levels. As output increases, the fixed costs are spread over a larger output, lowering the average fixed cost. Therefore, the given statement is true that the marginal-cost curve intersects the average-total-cost curve at the output level where average fixed costs are zero.
Learn more about marginal cost at
https://brainly.com/question/30099644
#SPJ11
Who may be affected by monetary penalties imposed by the Internal Revenue Service when a Tax Professional fails to meet due diligence requirements?
Answer:
Both the tax practioner and the assessee will be liable for penalties under IRS 6695(a)
Explanation:
When a tax preparer is paid to arrange the tax return of a client they must follow preparer due diligence laws.
This is the case when the preparer is trying to get a refund of earned income tax credit, child tax credit, American opportunity tax credit, or filing of head of household status.
The effect on the tax preparer's client include:
- refund of amounts collected in error because of wrong return
- a two year ban from claiming credits if error is due to recklessness
- a ten year ban if error is as a result of fraud
The consequences for the tax preparer includes:
- for each requirement not met a $500 penalty
- suspension from the IRS e-file
- a ban from tax preparations
- in cases of fraud criminal charges can be made
Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
Discuss the degree of price discrimination explains thedifference in prescription drugs prices between the United Statesand Mexico or other emerging markets
The degree of price discrimination refers to the extent to which a seller charges different prices for the same product or service based on the buyer's willingness or ability to pay.
The degree of price discrimination refers to the extent to which a seller charges different prices for the same product or service based on the buyer's willingness or ability to pay. When it comes to prescription drug prices, there are significant differences between the United States and Mexico or other emerging markets.
The pricing of prescription drugs is influenced by various factors, including market dynamics, government regulations, healthcare systems, and the bargaining power of buyers. In the United States, the pharmaceutical industry operates in a complex market with a fragmented healthcare system and a significant reliance on private insurance. Additionally, the U.S. has a strong patent protection system that allows drug manufacturers to enjoy monopoly power over their products, resulting in higher prices.
On the other hand, emerging markets like Mexico often have different healthcare systems and regulations that can lead to lower drug prices. These markets may have more centralized healthcare systems, government price controls, or greater competition from generic drug manufacturers, which can drive down prices. Price discrimination in the pharmaceutical industry is influenced by factors such as market segmentation, price elasticity of demand, and regulatory environments.
To learn more about the degree of price click here
https://brainly.com/question/32150667
#SPJ11
What do you think is an “infographic design”? *
Answer:
An info-graphic design is a map or design that contains pictures explanation about the topic.
Explanation:
To show the understanding about the topic, use shorter paragraphs, pictures, and make sections for the readers to understand faster than an essay or paragraphs.
(It might help if you search up pictures of info-graphics on Internet)
next year, lookout engineers will pay an annual dividend of $2.06 per share. the company has been reducing its dividends by 1.34 percent annually. what is this stock worth today if the required return is 14.5 percent?
Stock worth today if the required return is 13.01
Stock price = D1 / r - g
Where,
D1 = Expected Dividend
r= required rate of return
g= growth rate
=2.06/0.145-(-0.0134)
=13.01
Correct Answer = 13.01
The maximum common way to price a stock is to compute the employer's price-to-income (P/E) ratio. The P/E ratio equals the organisation's stock price divided by its maximum recently reported earnings in step with share (EPS). A low P/E ratio implies that an investor shopping for the stock is receiving an appealing quantity of fee.
The best way to exercise session the value of your stock available is to be counted and cost it by way of appearing a stock take. If the cost of the inventory on the cease of the economic 12 months is extra than it was at the beginning of that 12 months, you must consist of the difference as part of your assessable earnings when you hotel a tax go back.
Learn more about Stock worth here:
https://brainly.com/question/28539863
#SPJ4
What is the present value of an ordinary annuity paying $1,850 each year for 15 years, with an interest rate of 6.1 percent compounded annually? (Round to the nearest dollar) CETTE OA. $20,214 OB. $23,267 OC. $17,851 OD. $16,711 How much money will you have in 40 years if you invest $300 at the beginning of each month at 8.4 percent interest rate being compounded semi-annually? (Round to the nearest dollar) OA. $1,136,130 OB. $1,075,900 OC. $1,128,366 OD. $1,109,112
The present value of an ordinary annuity can be calculated using the formula for the present value of a growing annuity.
To calculate the present value of the ordinary annuity, we can use the formula for the present value of a growing annuity:
PV = PMT * [(1 - (1 + r)^(-n)) / r],
where PV is the present value, PMT is the payment amount per period, r is the interest rate per period, and n is the number of periods. Plugging in the given values, we have:
PV = $1,850 * [(1 - (1 + 0.061)^(-15)) / 0.061] ≈ $16,711.
Therefore, the present value of the annuity is approximately $16,711.
For the second question, to calculate the future value of monthly investments, we can use the formula for the future value of an ordinary annuity:
FV = PMT * [(1 + r)^n - 1] / r,
where FV is the future value, PMT is the payment amount per period, r is the interest rate per period, and n is the number of periods. However, in this case, the interest rate is compounded semi-annually, so we need to adjust the interest rate and the number of periods accordingly. The interest rate per semiannual period would be 8.4% / 2 = 4.2%, and the number of semi-annual periods over 40 years would be 2 * 40 = 80. Plugging in the values, we have:
FV = $300 * [(1 + 0.042)^80 - 1] / 0.042 ≈ $1,109,112.
Therefore, after 40 years of monthly investments of $300 at an interest rate of 8.4% compounded semi-annually, the amount will be approximately $1,109,112.
To learn more about annuity click here:
brainly.com/question/32006236
#SPJ11
A multiple predetermined overhead rate system is more accurate than a plantwide overhead rate system because it ______. Multiple choice question.
A multiple predetermined overhead rate is more accurate because it shows the way cost is incurred by various departments.
Multiple Predetermined Overhead Rates These are rates used to calculate production overhead. They reflect each individual department involved in production.This is better than a plantwide overhead rate which simply reflects a single overhead rate for the entire company regardless of the fact that each department incurs costs differently and so should be accounted for differently.
Find out more on the predetermined overhead rate at https://brainly.com/question/4337723.
This year, manuel purchased and placed into service, a single family rented house. he paid the following amounts to acquire his property: 325,000 sales price (which included 20,000 for the land) 4200 for legal fees and recording costs ( which includes 4000 allocated to the building and 200 allocated to the land.) 250 to have the property professionaly cleaned before the house was placed into service. what is manuel's basis for depreciation in the house?
Manuel's basis for depreciation in the house is $309,250, which is calculated by adding the costs allocated to the building from the sales price, legal fees, recording costs, and professional cleaning expenses. This basis is used to determine his annual depreciation deduction for tax purposes.
To determine Manuel's basis for depreciation in the house, we need to consider the amounts he paid to acquire the property.
1. The sales price of the property is $325,000, which includes $20,000 allocated to the land. This means the remaining $305,000 ($325,000 - $20,000) is allocated to the building.
2. Manuel also paid $4,200 for legal fees and recording costs, with $4,000 allocated to the building and $200 allocated to the land.
3. In addition, he spent $250 to have the property professionally cleaned before placing it into service.
To calculate Manuel's basis for depreciation in the house, we add up the costs allocated to the building:
$305,000 (from the sales price) + $4,000 (from legal fees and recording costs) + $250 (professional cleaning cost) = $309,250.
Therefore, Manuel's basis for depreciation in the house is $309,250. This is the amount he can use to calculate his annual depreciation deduction for tax purposes.
It's important to note that basis for depreciation may vary depending on specific tax regulations and any other relevant factors. It's always a good idea to consult a tax professional or accountant for accurate and up-to-date information regarding depreciation and tax deductions.
To know more about depreciation, refer to the link below:
https://brainly.com/question/20410947#
#SPJ11
Which of the following made the building of the first skyscrapers possible
A.Elevator
B.Light timber frame forms
C.Internal combustion engine
D. Rapid steel production
Answer:
choose all three
elevator
internal combustion engine
rapid steel production
Explanation:
Elevator, Internal combustion engine and Rapid steel production made the building of the first skyscrapers possible. Hence, option A, C and D are correct.
What is Elevator?An elevator, often called a lift, is a vehicle that goes in a vertical shaft to carry passengers or goods between floors of a multistory building. With the aid of a counterweight, the majority of modern elevators are propelled by electric motors through a system of cables and sheaves.
The four fundamental types of elevators are hydraulic, traction, machine-room-free, and vacuum. The fundamental distinction between these two words can be seen in the accents in which they are used; for instance, "lift" is used with a British accent whereas "elevator" is used in an American one.
Elevators or lifts carry people and cargo up and down, while escalators act as moving staircases from one story of a structure to another. Moving walkways transport people horizontally or at a slight slope.
Thus, option A, C and D are correct.
For more information about Elevator, click here:
https://brainly.com/question/29477960
#SPJ5
Which of the following bonds would you expect
to have the greatest price volatility?
Group of answer choices
10% coupon, 10 year bond
5% coupon, 10 year bond
10% coupon, 5 year bond
5% coupon, 5 year
The bond that you would expect to have the greatest price volatility is the 5% coupon, 10-year bond. The volatility of the bond depends on several factors, including the coupon rate and maturity date. Here, we have two bonds with the same maturity date of 10 years but with different coupon rates. The coupon rate is the interest rate that the bond pays to its holder.
The higher the coupon rate, the less volatile the bond's price will be. This is because the bond's interest payments are higher, which means that investors are willing to pay more for it. On the other hand, bonds with lower coupon rates are more volatile because the interest payments are lower, and investors are less willing to pay for them.
In this case, the 5% coupon, 10-year bond will have greater price volatility than the 10% coupon, 10-year bond. This is because the 5% coupon rate is lower, which means that investors will be less willing to pay for the bond, leading to greater price volatility.
In conclusion, the 5% coupon, 10-year bond would be expected to have the greatest price volatility out of the given options.
To know more about volatility visit:
https://brainly.com/question/8781864
#SPJ11
what is the amount of tax paid for the year
Answer:
3428.57142857
Explanation:
. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
To learn more about total revenue, refer to the link:
https://brainly.com/question/25623677
On April 1, Moloney Musical Instruments sold merchandise on account to Fronke's Flutes for $7,000 on Invoice 1001, terms 2/10, n/30. Payment was received in full from Fronke's Flutes, less discount, on April 10.
Answer:
The question is "Record the transactions on April 1 and April 10. View transaction list Journal entry worksheet Record the sale on April 1."
Date Account Title and Explanation Debit Credit
April 1 Account receivables $7,000
Sales revenue $7,000
April 10. Cash ($7,000*98%) $6,860
Sales discount ($7,000*2%) $140
Account receivables $7,000
explain five importance of a division of labour in production
Explanation:
INNOVATION: When workers are set specific tasks, that is their pure focus. So it becomes easier to see pitfalls in the existing process. Doing the same task each day makes it easier to analyse areas for improvement. It takes up more of the brains processing power, so it is at the forefront of a workers mind.
HIGHER WAGES: It must be said that not all the productivity gains are necessarily passed on to the consumer. A proportion may go to profits, whilst some may go to higher pay for employees.
CHEAPER PRODUCTS: It must be said that not all the productivity gains are necessarily passed on to the consumer. A proportion may go to profits, whilst some may go to higher pay for employees.
PRODUCTIVITY: When workers focus solely on a specific task, they can master it quicker and more efficiently. In turn, workers become more productive.
EFFICIENT MASTERY: Without the division of labor, mastery of a skill takes much longer. This is because a workers attention is spread across many areas.
For instance, it would be difficult to master a language if you are also trying to learn the piano, engineering, CSS, and economics. So, the division of labor allows the worker to focus and master a specific part of the process, which helps them learn it faster.
Alternative workplaces are intended to a. limit the flexibility employees have in scheduling work. b. accommodate a narrower range of the potential workforce. c. increase company profits. d. enhance employee motivation and performance. e. reduce dependence on key customers.
Alternative workplaces are intended to enhance employee motivation and performance.
What is alternative workplace?Alternative workplace are provisions made b a company to its employees, to carryout their routine duties other than their normal offices. This tends to give freedoms to workers in carrying out their duties.
The purpose of alternative workplace is to break the bond between workplace and work performance.
Hence, alternative workplaces are intended to enhance employee motivation and performance.
Learn more about alternative workplace here : https://brainly.com/question/20412413
When a company wants to design a new wireless headset it invited a group of interested users to comment on and try out various product prototypes during its design process. This is an example of what type of process?
Answer:
Testing process...?
Would have been better if given options...
This is an example of what type of process testing process.
What is the product testing process?
The four essential strategies of verification are Inspection, Demonstration, test, and evaluation. The four strategies are somewhat hierarchical in nature, as every verifies the necessities of a product or system with growing rigor.
Product trying out u.s. is a legitimate manner to get a risk to get a few virtually valuable merchandise totally free. but you want to be aware that it's far like a lottery – there is no guarantee you may get to test a product.
The Product trying out exercise gives consulting for automation engineering, solutions, and their validation; Interop and Certification for servers, switches, and storage; Infrastructure Validation and workload-based totally benchmarking for Datacenter provider providers.
Learn more about the product testing process here:-https://brainly.com/question/3463144
#SPJ2
If an issuer wants to choose a syndicate directly to underwrite a new municipal bond issue, what type of underwriting is this
If an issuer wants to choose a syndicate directly to underwrite a new municipal bond issue, it is an example of negotiated underwriting.
In negotiated underwriting, the issuer directly selects a syndicate of underwriters to manage and distribute the new bond issue. The issuer negotiates the terms of the underwriting agreement with the syndicate, including the offering price, underwriting fees, and other related details. This type of underwriting allows the issuer to have more control and involvement in the underwriting process a new municipal bond issue,
In contrast, in competitive underwriting, the issuer holds a bidding process where underwriting firms submit proposals, and the firm offering the most favorable terms is selected as the underwriter. This approach is typically used for larger bond offerings or when the issuer wants to obtain the best possible terms from the underwriters through competitive bidding.
Learn more about negotiated underwriting. from
https://brainly.com/question/30154442
#SPJ11
Determine the simple interest on an account paying 6.5% annually interest of an investment of $5,250. a. $341.25 b. $345.02 c. $343.08 d. $347.96
Given, the principal amount is 5250$, and the rate of interest is 6.5% annually. And since no time period is mentioned, the default time period would be 1 year.
The formula for Simple Interest:
Simple Interest (S.I) = (Principal amount X Time Period X Rate of Interest) / 100
Now substitute the corresponding values in the formula,
\(S.I = \frac{5250 * 1 * 6.5}{100}\) = 341.25$
Therefore, the simple interest is 341.25$.
To know more about simple interests:
https://brainly.com/question/25845758
#SPJ4
Jen spends her daily income of $35 on two goods, MP3 music downloads (X) and jumbo diet sodas (Y)His budget line is 2X + Y = 35. His utility function is represented byU = x ^ 2 + y ^ 2 + 5000 Decide on Jen's optimum consumption bundle : how many MP3 music downloads she should purchase and how many diet sodas she should buy order to get maximum satisfaction?
To determine Jen's optimal consumption bundle, we need to find the combination of MP3 music downloads (X) and jumbo diet sodas (Y) that maximizes her utility function subject to her budget constraint.
We can start by rearranging the budget constraint to solve for one of the goods in terms of the other:
2X + Y = 35
Y = 35 - 2X
Now we can substitute this expression for Y into the utility function to get:
U = X^2 + (35 - 2X)^2 + 5000
Expanding and simplifying this expression gives:
U = 5X^2 - 140X + 5125
To find the optimal consumption bundle, we need to find the values of X and Y that maximize U subject to the budget constraint. One way to do this is to use the method of Lagrange multipliers.
We can set up the Lagrangian as:
L = 5X^2 - 140X + 5125 + λ(2X + Y - 35)
Taking partial derivatives with respect to X, Y, and λ and setting them equal to zero, we get:
dL/dX = 10X - 140 + 2λ = 0
dL/dY = λ = 0
dL/dλ = 2X + Y - 35 = 0
From the second equation, we get λ = 0, which means we can ignore it. Substituting this into the first equation and solving for X, we get:
10X - 140 = 0
X = 14
Substituting this value of X into the budget constraint to find Y, we get:
2X + Y = 35
2(14) + Y = 35
Y = 7
Therefore, Jen's optimal consumption bundle is to purchase 14 MP3 music downloads and 7 jumbo diet sodas in order to get maximum satisfaction given her budget constraint.
To know more about budget constraint, refer here :
https://brainly.com/question/7636812#
#SPJ11
A bond is the issuer's written promise to pay the _____________ of the bond with interest. multiple choice Market value Par value Interest value
The blank space in the sentence should be filled with Market value.
What is a Bond?In all simplicity, a bond is loan from an investor to a borrower which may be a company or government. The borrower uses the money to fund its operations, and the investor receives interest on the investment. Additionally, it is noteworthy to know that the market value of a bond can change over time as bonds are a medium for store of value.
Read more on bond;
https://brainly.com/question/25965295
5. calculating tax incidence suppose that the local government of raleigh decides to institute a tax on soda consumers. before the tax, 35 billion liters of soda were sold every year at a price of $10 per liter. after the tax, 30 billion liters of soda are sold every year; consumers pay $15 per liter (including the tax), and producers receive $7 per liter. the amount of the tax on a liter of soda is $ per liter. of this amount, the burden that falls on consumers is $ per liter, and the burden that falls on producers is $ per liter. true or false: the effect of the tax on the quantity sold would have been the same as if the tax had been levied on producers. true false
The given assertion " The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers." is False. because the effect of fiscal and tax policies on the financial design is regularly evaluated utilizing the taxation rate.
The proportion of duties gathered in a given period to the complete item. the effect of the tax on the quantity sold could not have possibly been bigger if the expense had been exacted on makers.
The weight of the assessment and the subsequent change in amount would be equivalent whether or not the duty is imposed on makers or customers, accepting that the market is serious and there could be no different twists.
Learn more about tax:
https://brainly.com/question/16423331
#SPJ4
Write any 4 points regarding the nature of target customers, which in the present times has led to the growing importance of ‘Persuasive function of Promotion'? MARKETING
Answer:
A target customer profile is simply a specific group of customers most likely to respond positively to your promotions, products, and services. 4 points regarding the nature of target customers:
What kind of people we’re looking?Where to find them?What our customers want from our brand, to adapt our value proposition so that our brand is relevant to a specific need or problem?How they compare and choose products to adjust marketing campaigns to make our offering seem the most compelling?Digital marketing has led to the growing importance of ‘Persuasive function of Promotion' because customers can learn about promotions from home and even compare the campaigns.
Explanation:
Persuading function of Promotion is to motivate customers to buy products under promotion due to intense competition among different industries producing similar types of products.
1. Which is the common factor of 24 and 32?
D. 32
D. 28
D. 19
A 8
B. 16
C. 24
2. What is the greatest common factor of 14 and 567
A7
B. 14
C. 21
3. What is the greatest common factor (GCF) of 16 and 24?
A. 6
B.8
C. 12
4. Which of the following is the greatest common factor of 28 and 367
A. 4
B.7
C. 8
5. The following numbers are common factors of 28 and 56 except?
A. 7
B. 14
C. 8
6. What is the Least Common Multiple (LCM) of 7 and 87
D.9
D. 28
A. 56
B. 68
C. 84
D. 146
7. What is the least common multiple of 6 and 147
A. 42
B.54
C.76
D.84
8. What is the least number of carpenters that an engineer must hire If he wants to
arrange them in groups of 4, 5, 6 with no left over?
A. 120
B.150
C.60
D.240
9. During a car race, two competitors will stop to fill up the fuel tank. One does it
every 4 laps, and the other every 5 laps. If they travel at the same speed, how
many laps will they meet again at the fuel station?
A. 16
B. 20
C.25
D. 30
10. What is the least common multiple (LCM) of 12 and 14?
A. 54
B. 68
C. 84
D. 146
please answer me please
Answer:65
Explanation:
Answer:
8
Explanation:
4. You are about to graduate from the MBA program of a leading university. You specialized in management information systems (MIS) and will start a job with a company that commercially develops Web pages. You own a personal computer that is a couple of years old. You have decided to sell it and buy new equipment later after you see what kind of projects your employer has you working on. So you post a flyer on campus bulletin boards about the computer for sale. You have decided not to tell prospective buyers that you hand drive acts as its about to fail and that the computer occasionally crashes without warning. Is this ethical? Would you be likely to do this if you were this particular student?
Answer:
No, this is not ethical.
Explanation:
Ethics is moral principle which governs a person. A person is ethical if he considers benefit for others and his acts or thoughts does not harm anyone. In the given scenario the person is trying to sell his old computer which has many issues. These are not listed in the flyer. If the person does not want to list the issues then he must tell to specific buyer when he comes to buy the computer. He must tell all the faults and problems to the potential buyer.
the western capital growth mutual fund has: total assets $ 837,000,000 total liabilities $ 20,200,000 total number of shares 40,000,000 what is the fund's net asset value (nav) per share?
The fund's net asset value (nav) per share is 30.95 net asset value.
What is the net asset value?When a bank's price is provided by a trader or online financial portal, the net asset value for a share (NAVPS) of vehicle is also provided. Although NAVPS is determined only once each day, and the worth of the property acquired by a company may alter each day, this number is different from the firm's market price.
Total assets are $ 837,000,000
Total liabilities are $ 20,200,000
The total number of shares is 40,000,000
The net asset value formula is computed as
Net asset value = (assets - liabilities) / total shares
= (750,000,000 - 7,200,000) / 24,000,000
= 30.95 net asset value
Learn more about net asset value, here:
https://brainly.com/question/23057744
#SPJ1
The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. The manager wants to predict the demand for this time series using the following simple linear trend equation: trt = 12 + 2t. What are the forecast errors for the 5th and 6th years?
0, −3
0, +3
+2, +5
−2, −5
−1, −4
The forecast errors for the 5th and 6th years, based on the given simple linear trend equation, are -1 and -4, respectively.
To calculate the forecast errors for the 5th and 6th years, we need to compare the actual demand values with the predicted values based on the simple linear trend equation.
- Demand for the last six years: 15, 15, 17, 18, 20, and 19.
- Simple linear trend equation: trt = 12 + 2t, where t represents the time period.
We can calculate the predicted demand for each year by substituting the corresponding time period (t) into the trend equation.
For the 5th year (t = 5):
tr5 = 12 + 2 * 5 = 12 + 10 = 22
For the 6th year (t = 6):
tr6 = 12 + 2 * 6 = 12 + 12 = 24
Now, we can calculate the forecast errors by subtracting the predicted demand from the actual demand for each year.
For the 5th year:
Forecast error = Actual demand - Predicted demand
= 20 - 22
= -2
For the 6th year:
Forecast error = Actual demand - Predicted demand
= 19 - 24
= -5
Therefore, the forecast errors for the 5th and 6th years are -2 and -5, respectively.
Hence, the correct answer is:
Forecast errors for the 5th and 6th years: -2, -5.
To learn more about Demand click here: brainly.com/question/18550230
#SPJ11
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
how many months weeks days are in 157 days?
What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
Having a realistic pride in one’s abilities, accomplishments and goals is known as _______. a. success b. self-esteem c. self-efficacy d. assertiveness please select the best answer from the choices provided a b c d
Answer: The answer is C.) Self-efficacy
Explanation: Efficacy is described in the modern English Dictionary as "the ability to produce a desired or intended result."
Answer:
Option "b" is the correct answer