Table 8.7 a Sales Manager Wants to Forecast Monthly Sales of the of the Machines

question 99

Multiple Choice

Table 8.7
A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data.

-Use the information in Table 8.7. What is the forecast for period 9 using a naive forecast?

• A) $3,728
• B) $3,803
• C) $4,442
• D) $4,085

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Definitions:

Isolationist Policy

A foreign policy stance wherein a country minimizes its involvement in international affairs and focuses on its own development.

Monroe Doctrine

A U.S. policy, enacted in 1823, that opposed European colonialism in the Americas, proclaiming any intervention in the Americas as a hostile act against the U.S.

U.S. Policy

A strategic framework developed by the United States government to guide its domestic and foreign decision-making.

Moral Idealism

A philosophical stance emphasizing the importance of moral principles and ideals in determining individual behavior and guiding societal norms.