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

question 24

Multiple Choice

Use the data given below to answer the following question(s) .
The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. $$\begin{array} { | c | c | } \hline \text { Week } & \text { Units sold } \\\hline 1 & 88 \\\hline 2 & 44 \\\hline 3 & 54 \\\hline 4 & 65 \\\hline 5 & 72 \\\hline 6 & 85 \\\hline\end{array}$$
-For the given data, the simple moving average mean absolute deviation is .

• A) 0.21
• B) 20.12
• C) 14.25
• D) 207.13

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Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted or expected amount, which can be favorable or unfavorable.

Tenant-Days

A measure used in hospitality and property management to calculate the total number of days that tenants or guests occupy a space over a certain period.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Revenue and Spending Variance

The difference between actual and budgeted figures for both income and expenditures, respectively.