SCENARIO 16-5 the Number of Passengers Arriving at San Francisco on the on the Amtrak

question 50

Short Answer

SCENARIO 16-5
The number of passengers arriving at San Francisco on the Amtrak cross-country express on 6 successive Mondays were: 60,72,96,84,36,and 48.
-Referring to Scenario 16-5,the number of arrivals will be exponentially smoothed with a smoothing constant of 0.25.The smoothed value for the second Monday will be .

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Net Operating Income

Calculated as revenues minus expenses, excluding taxes and interest, representing the profit generated from normal business operations.

Monthly Sales

The total revenue or the number of units sold by a business in one calendar month.

Break-even Point

The point at which total revenues equal total costs, and the business makes neither a profit nor a loss.

Fixed Expenses

Fixed expenses that are unaffected by the volume of manufacturing or sales activities, and include items like rental costs, employee salaries, and premiums for insurance.