Exhibit 11.2 The Following Questions Use the Data Below

question 50

Multiple Choice

Exhibit 11.2
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using weighted moving averages.
-Refer to Exhibit 11.2. What would be the forecasted value for time period 13?

• A) 83.024.
• B) 80.796.
• C) 79.245.
• D) 79.908.

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Definitions:

Dynamic Capabilities

The ability to adapt and renew competencies in accordance with changing business environment.

Renew Competencies

Refers to the process of updating and refreshing the skills, knowledge, and capabilities that are essential for individuals or organizations to remain competitive and proficient in their fields.

Business Environment

The combination of all external and internal factors that influence the operations, opportunities, and threats to an organization.

Discarded Strategy

A strategic plan or action that has been abandoned or no longer pursued by an organization.