John's House of Pancakes Uses a Weighted Moving Average Method

question 81

Multiple Choice

John's House of Pancakes uses a weighted moving average method to forecast pancake sales.It assigns a weight of 5 to the previous month's demand,3 to demand two months ago,and 1 to demand three months ago.If sales amounted to 1000 pancakes in May,2200 pancakes in June,and 3000 pancakes in July,what should be the forecast for August?

• A)2400
• B)2511
• C)2067
• D)3767
• E)1622

Recognize the roles and responsibilities of entrepreneurs in running a business.

Identify personality traits and skills critical for entrepreneurial success.

Grasp the concept of serial entrepreneurship and its impact.

Understand the significance of innovation and creativity in entrepreneurship.

---

Definitions:

Compensatory Damages

Monetary compensation awarded to a plaintiff to make up for loss, injury, or harm suffered due to the defendant’s actions.

Punitive Damages

Monetary compensation awarded in excess of actual damages to punish or deter a defendant from engaging in conduct considered outrageous or extremely wrongful.

Civil Rights Act

Landmark legislation in the United States aimed at ending discrimination based on race, color, religion, sex, or national origin, and promoting equal access to public spaces and employment.

NLRA

The National Labor Relations Act, legislation enacted by the U.S. Congress in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private-sector labor and management practices.