Question: D Question 30 3 pts Given the following data Period Actual Forecast Demand 1 132 148 145 139 2 3 147 150 4 153 154

D Question 30 3 pts Given the following data

D Question 30 3 pts Given the following data Period Actual Forecast Demand 1 132 148 145 139 2 3 147 150 4 153 154 5 161 165 6 164 158 which of the following is true O On average, the forecast is overestimating the actual demand by 36 units On average, the forecast is overestimating the actual demand by 3.33 units On average, the forecast is overestimating the actual demand by 1 unit O On average, the forecast is off by 4.1 On average, the forecast is underestimating the actual demand by 1 unit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Preston Corporation was created on January 1, 2018, when it received a stockholder's contribution of $92,000. It purchased $21,000 of raw materials and worked on three job orders during the year....

D Question 30 3 pts Given the following data Period Actual Forecast Demand 145 139 150 132 148 147 153 161 164 4 154 165 158 which of the following is true On average, the forecast is overestimating...

Company has five salaried employees. Your task is to use the following information to prepare a payroll register to calculate net pay for each employee: Allowance and Cumulative Earnings Employee...

154.6 141.8 145 148.2 150.8 152.2 153 153.6 154.1 154.4 133.5 135.6 137.6 139.5 73.7 76.2 79 81.4 90.2 96.8 102.4 108.7 113.8 118.8 121.1 123.2 125.4 127.7 129.9 131.6 67.3 169.8 169.8 170 170.3 52 F...

Complete the following problems from Chapter 12 in Financial Management: Theory and Practice : Chapter 12: Topics: Additional Funds Needed, Forecasted Statements and Ratios, Financing Deficits...

Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $100 each week to her company's 401(k) plan and has $25...

STAT551 - Summer 2016 Computer Homework #3 Due: August 12 N.B. assignments emailed past this date will not be accepted Use the same database as the last computer homework to answer the following...

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

On December 5 201x , prepare a payroll register for this biweekly payroll You gathered the following data from time cards and individual employee earnings records. LOADING...(Click the icon to view...

In this part, you are required to use Excel software and a sample of 838 real mutual funds to answer the following questions. Please provide your answer in Excel worksheet. Construct a summary table...

The product manager at a subsidiary of Kraft Foods, Inc. is interested in learning how sensitive sales area to changes in the unit price of a frozen pizza in Halifax, Montreal, Toronto, and Calgary....

Two blocks, of masses M = 2.0 kg and 2M, are connected to a spring of spring constant k = 200 N/m that has one end fixed, as shown in Figure. The horizontal surface and the pulley are frictionless,...

What is the largest positive integer n for which 3^n divides 44^44?

As noted in Chapter 7, one of the most misunderstood and, anecdotally, least complied with aspects of the current FBT regime is the concept of a work-related vehicle and whether such vehicles are...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...