Mitchell's mills is a startup looking to break into the preparedness market with a revolutionary new wheat grinder called the wg1. since mitchell's is a new company they do not have any historical data for sales of its flagship product, but they estimate they will be able to sell 400 in the month of april. the table below contains actual sales data for april and each of the succeeding five months (through september):
month
wg1s sold
forecast
apr
397
400
may
395
jun
455
jul
403
aug
409
sep
427
suppose it was the beginning of may and you were asked to develop a forecast for the month of may. your only actual sales data was for the month of april. because of this paucity of data you decide to use the exponential smoothing method for the construction of your forecasting model. you determine that an alpha value of 0.5 would be appropriate.
based on the above information, what would have been your forecast for the month of may? (display your answer to two decimal places.)
if you follow this same forecasting process through all the months, continuing with june and going through september, what would be the forecast in the month of september? (display your answer to two decimal places.)
what is the mad for this forecast (based on six months of forecasts—april through september)? (display your answer to two decimal places.)
what is the mape for this forecast (based on six months of forecasts—april through september)? (write your answer as a percentage and display your answer to twodecimal places.)
Answers: 2
Business, 22.06.2019 01:00
Throne technical university is looking for three people to work in its plant-biology laboratory. the hiring manager is finding that the most suitable job candidates live in other countries and are not willing to move to the city where the university is located. which situation is the university facing? a. lack of flexible workforce b. surpluses in labor talent c. an appearance of quota systems d. deficits in minimum wage demands
Answers: 1
Business, 22.06.2019 07:50
In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?
Answers: 2
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
Mitchell's mills is a startup looking to break into the preparedness market with a revolutionary new...
Chemistry, 04.02.2020 17:53
English, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53
Computers and Technology, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53
History, 04.02.2020 17:53
Mathematics, 04.02.2020 17:53