Which of the following is sot a characteristic of Naive forecasting methods O have virtually no cost

Fantastic news! We've Found the answer you've been seeking!

Question:

Which of the following is sot a characteristic of Naive forecasting methods O have virtually no cost Oare easy for users to understand are quick and easy to prepare can serve as an accuracy standard for other techiue able to quickly identify changes in demand

Posted Date: Oct 27, 2021 07:27 PM

See More Questions

Which of the following is a financial instrument (that is. a financial asset, financial liability, or equity instrument in another entity) within the scope of IAS 39? Give reasons for your answer....
Which of the following is an effective audit procedure that an auditor might use to detect kiting between intercompany banks? a. Review the composition of authenticated deposit slips. b. Review...
Which of the following is an internal control activity that could prevent a paid disbursement voucher from being presented for payment a second time? a. Vouchers should be prepared by individuals who...
1. If a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is undertaken, that expense is a A. Committed cost B. Complementary cost...
Provide some examples of different types of waste in an organization with which you are familiar, such as an automobile repair shop or a fast-food restaurant.
McCarty Pointers Inc. expects to begin operations on January 1, 2012; it will operate as a specialty sales company that sells laser pointers over the Internet. McCarty expects sales in January 2012...
Thomas and James, who were operating separate competing businesses, decided on 1 July 2025 to form a partnership by contributing cash, assets and liabilities of their respective businesses. At that...
The trial balance of Pacilio Security Services Inc. as of January 1, 2013 had the following normal balances: Cash ..............$8,900 Accounts Receivable ......... 1,500 Supplies .............. 65...
_____ redirects a user from a legitimate website to a malicious website by changing hosts files on a DNS server. A. Exploitation framework B. ARP poisoning C. DDoS DNS attack D. DNS...
This problem asks you to analyze the capital structure of HCA, Inc., the largest private operator of health care facilities in the world. In 2006, a syndicate of private equity firms acquired the...
(1) Hobby expenses are always deductible to the extent of: A: Adjusted Gross Income B: 2% of Adjusted Gross Income C: Investment Income D: Hobby Gross Income E: Hobby expenses are never deductible...
Suppose the weighted average cost of capital of the Gadget Company is 10%. If Gadget has a capital structure of 50% debt and 50% equity, a before-tax cost of debt of 5%, and a marginal tax rate of...
In the log-linear model $\ln (y)=\beta_{1}+\beta_{2} x+e$, the corrected predictor $\hat{y}_{c}=\exp \left(b_{1}+b_{2} x ight) \times \exp \left(\hat{\sigma}^{2} / 2 ight)$ is argued to have a...
Mrs. Barnett is a seventy-three-year-old widow who has just been diagnosed with ovarian cancer. Because of the lack of adequate screening procedures for this type of cancer, Mrs. Barnetts cancer has...
A company has 1 million shares outstanding and earnings are 2 million. The company decides to use 10 million in idle cash to repurchase shares in the open market. The companys shares are trading at...
A company with 20 million shares outstanding decides to repurchase 2 million shares at the prevailing market price of 30 per share. At the time of the buyback, the company reports total assets of 850...
The below video addresses different cases of field experimentation that tested consumer psychology with marketing implications. https://www.poweredbysearch.com/blog/psychology-of-marketing/Links to...
Calculate Total Contribution Margin for the same items. Total Revenue Total Variable Costs Total Contribution Margin $50.00 a. $116.00 $329.70 b. $275.00 $14,796.00 $7,440.00 c. $40,931.25 d....
Lewis Edwards decides to branch out on his own and set up his own private practice as an accountant. Events occurring in March 2019 are as follows. Ignore GST. Required (a) After analyzing the events...
On 1 March 2017, James Taylor decided to open Taylors Tailormade that makes suits, trousers and jackets, and repairs and alters clothes. He contributed for this purpose sewing equipment $46 000 and a...
In December 2019, Mike Mills opened a miniature golf course to cater for the summer holiday tourists and completed the transactions below during its first month of operations. For the sake of...

Which of the following is sot a characteristic of Naive forecasting methods O have virtually no cost

Question:

Expert Answer:

Forecasting involves the generation of a number set of numbers or scenario that corresponds to a future occurrence It is absolutely essential to shortrange and longrange planning By definition a forec... View the full answer

Students also viewed these general management questions