Table 14.7 -Use the Information in Table 14.7.The Forecasting Equation for a Equation

question 125

Multiple Choice

Table 14.7
-Use the information in Table 14.7.The forecasting equation for a three-month weighted moving average is: Ft = W1Dt + W2Dt - 1 + W3Dt - 2
If the sales for June were 40 units and the weights are W1= 1/2,W2 = 1/3,and W3 = 1/6,what is the forecast for July?

• A)fewer than or equal to 30 units
• B)greater than 30 but fewer than or equal to 33 units
• C)greater than 33 but fewer than or equal to 36 units
• D)greater than 36 units

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Definitions:

Capital in Excess

Funds or assets available to a company beyond what is required for normal operations, often used for investment or expansion.

Par Value

Nominal or face value assigned to financial instruments such as stocks and bonds, often used in accounting and legal purposes.

Offering Price

The initial selling price of a stock or security when it is first made available for sale to the public.