Use the Data Given Below to Answer the Following Question(s)

question 35

Multiple Choice

Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. (Hint: Optimize α value in 0.1 increments) $$\begin{array} { | c | c | } \hline \text { Week } & \text { Units sold } \\\hline 1 & 88 \\\hline 2 & 44 \\\hline 3 & 54 \\\hline 4 & 65 \\\hline 5 & 72 \\\hline 6 & 85 \\\hline\end{array}$$
-What is the forecasted value for the 7th week?

• A) 53 phones
• B) 82 phones
• C) 71 phones
• D) 49 phones

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Definitions:

Sales Mix

The proportion of different products or services that comprise the total sales of a company, affecting overall profitability.

Contribution Margin Ratio

The percentage of revenue that exceeds variable costs, indicating the proportion of sales that contributes to fixed costs and profits.

Break-Even Point

The production level or sales volume at which total revenues equal total costs, resulting in zero profit.

Degree Of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to its sales.