Using the Moving Average Technique,compute the Forecast for Week 5

question 98

Multiple Choice

Using the moving average technique,compute the forecast for Week 5 with n = 3 with the data that follows. $$\begin{array} { | c | c | } \hline \text { Week } & \text { Number of Patients } \\\hline 1 & 100 \\\hline 2 & 80 \\\hline 3 & 90 \\\hline 4 & 100 \\\hline\end{array}$$

• A)100
• B)90
• C)80
• D)75

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and loan payments.

Operating Leverage

A measure of how sensitive a company's operating income is to changes in revenue, indicating the degree of fixed versus variable costs.

Fiscal Policy

Government policies regarding taxation and spending to influence the economy.