Examlex
A company wants to forecast demand using the weighted moving average.If the company uses three prior yearly sales values ,and we want to weight year 2011 at 30%,year 2012 at 30% and year 2013 at 40%,which of the following is the weighted moving average forecast for year 2014?
Representative Democracy
A form of democracy in which citizens elect officials to represent them in governmental decisions and policymaking.
Principals
In economics and finance, a principal refers to an individual or entity that owns a business or transaction, and has the primary responsibility.
Agents
Individuals or entities that act on behalf of others in economic transactions or negotiations.
Rent-Seeking Behavior
Activities aimed at gaining financial benefits through manipulation or exploitation of the political or economic environment rather than through trade and production of wealth.
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