Question 4 The below data represent the advertising expenditure and sales of Little Liu Ltd from year 2008 to 2017. Table: Advertising Expenditure vs. Sales from 2008 to 2017 Year Advert. Expenditure Sales (x, £000) (y, £000) 2008 8 30 2009 12 40 2010 11 29 2011 5 29 2012 14 43 2013 3 17 2014 6 20 2015 8 30 2016 4 22 2017 9 40 Total 80 300 Work out the values of parameters of the relationship shown in the Figure (i.e. work out the equation of the relationship).
Q: Suppose sales for the past 6 months have been 81, 93, 117, 81, 91, and 100 What is the 4-month…
A: A simple moving average (SMA) is an arithmetic moving average calculated by adding recent prices and…
Q: QUESTION 7 Which data category of SAP enterprise system which is the most engaged with? O a. Vendor…
A: [Hi! Thanks for the question. As per our Bartleby guideline, we are supposed to answer only ONE…
Q: .1 A customer database is an organised collection of comprehensive information about individual…
A: It is important for any company to have the database of the customers and most of the companies even…
Q: Question Completion Status: QUESTION 1 List nested geographic units used by the United States Census…
A: The question is related to list nested geographic units used by the united states census bureau in…
Q: Samsung Electronics Co. Ltd said on Thursday it expects chip shortages to affect chip demand from…
A: Below is the answer to how revenue for the producers of (i) chips and (ii) motor vehicles will be…
Q: A local real estate investor in Kingston is considering three investments: a motel, a restaurant, or…
A: The equal likelihood criterion or called as LaPlace, weights action equally, assuming that the…
Q: Question 2 consider the function criterion which models the total cost of manufacturing x…
A: This question is related to topic-production management and this topic falls under the operations…
Q: Question1: Diversification and Performance Note: Please explain clearly and give example
A: Diversification is a process of allocating the resources in different institutions, industries so as…
Q: What is the cycle time of the 19-station line? What is its efficiency? What is the line’s maximum…
A: Below is the solution to the questions.
Q: QUESTION 16 The Federal Reserve had a meeting where they announced plans to lower interest rates.…
A: Cap rates, also known as capitalization rates, are a method of estimating and comparing the rates of…
Q: a) “The practice of investment refers to the buying of a financial product or any valued item with…
A: 1) "The practice of investment is the buying of a financial product with anticipation that positive…
Q: Question 1A A CEO of a multihospital system is planning to expand operations into various states. It…
A: Note: - As we can answer only up to three subparts we will answer the first three subparts(e, f, and…
Q: Discuss the advantages and disadvantages of in-kind programs such as subsidies for food, housing and…
A: a)geniuses : guarantee that the poor get what they need most. Specifically : food + cover (rather…
Q: QUESTION 42 In a contestable market O A. barriers to entry are quite high. O B. the threat of entry…
A: Introduction: A contestable market is where new entrants can compete in the market. This market…
Q: QUESTION 3 Forced distribution is a type of special rating instrument which can help address which…
A: Performance appraisal tend to identify the skill efficiency and contribution by employees. It…
Q: In the airline market, vacation-traveler customers have a more elastic demand than business-traveler…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Question 23 Question text The right statement about Online Retailer from the following options:…
A: Online retailing is described as a process of selling services and goods through the usage of…
Q: Determine how Sunblessed can maximize its profit. Please include your answer report with the model,…
A: Hello thank you for the question. As per guidelines, we would provide only one answer at a time.…
Q: Adopting new technologies into logistics enables companies to plan, forecast, and replenish…
A: Information Technology: Information technology plays a vital role in every sector and it provides…
Q: Sample Size, or Number of measurements in each Subgroup: • Number of Subgroups: • Subgroup…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Debbie owns 100% of the common stock (3,750 shares, valued at $2,517,000) of Great West Linens Inc.…
A: As the name suggests, preferred stock gets preference over the common stock in terms of dividends as…
Q: Illustrate about how a buying center will play a part to purchase 20 Air Conditioners from a…
A: There are huge differences in the communication behavior and management techniques of a…
Q: QUESTION 3 In an effort to reduce energy costs, a major university has installed more efficient…
A: This question is falling within the Operations Management -business statistics/Six Sigma subject,…
Q: Question 3 a) Auditors need to identify audit risk in planning an audit engagement. In doing so, the…
A: Audit risk implies the risk that the auditor offers an unseemly audit input when the fiscal…
Q: QUESTION 4 In an effort to reduce energy costs, a major university has installed more efficient…
A: This question is part of Six sigma Business statistics and It fall within General business and…
Q: One goal of marketing is to create strong relationships between a company and its customers. Discuss…
A: Ans. Introduction Customer loyalty is the main thrust for client maintenance. Consequently, all…
Q: Yalelo is a manufacturing Zambian Company. You have been asked by the Board of Directors of this…
A: Corporate governance is that the arrangement of rules, practices, and cycles by which a corporation…
Q: Suppose sales for the past 6 months have been 98, 113, 94, 109, 98, and 119 What is the 3-month…
A: A simple moving average (SMA) is an arithmetic moving average calculated by adding recent prices and…
Q: Q1 a) Using an appropriate model with a diagram, explain in detail Nora's demand for cheese.
A: Demand is basically what a person desires to have. for every thing or item, one must purchase it and…
Q: Question 3 (Forecasting) - Consider the following time series data. Week 1 2 3 4 5 6. Value 18 13 16…
A: Given data: *As per guideline first 3 parts are answerable, repost the remaining part.
Q: QUESTION 2 In an effort to reduce energy costs, a major university has installed more efficient…
A: The above question is part of Business statistics and It would fall within the Operations Management…
Q: We should be very careful of the problem of _______. The test units who drop out may be…
A: Selection bias is introduced during data analysis that results in non-achievement of proper…
Q: A local real estate investor in Kingston is considering three investments: a motel, a restaurant, or…
A: Therefore, As per the Expected monetary value (EMV), The investment can be done in Motel as it has…
Q: Question 4 10 pts Jason's neighbor, an antique dealer, is thinking about buying a 60-year-old…
A: Basic selling price problem
Q: QUESTION Research shows that around 33% of the companies cancel their outsource contracts within 5…
A: Outsourcing is a tactical strategy to plan and operate for any business. Whenever a third-party…
Q: Salesperson is asking the buyer "Shouldn't you go ahead and order this barbecue machine for your…
A: There are various selling technique that sales persons follow to generate more sales for the…
Q: Suppose you are given a set of data for output at a company which manufactures detergents over a…
A:
Q: Month of December 202x: Total deliveries made 375 Total late deliveries 18 Total units ordered…
A: Transportation analysis performance measures, at times alluded to as measures of adequacy (MOEs),…
Q: The government has constant interest in the continued performance and survival of business.’ Giving…
A: Government of any country act as a filter and do the process of filtering the unsafe trade and…
Q: Assuming Mike is saving the same amount per month in the next 3 years. How much does Mike get for…
A: Simple interest is computed over a given period at a fixed percentage of the principal amount.…
Q: What is Porter’s competitive forces model, how do organizations take advantage of competitive forces…
A: Porter’s five forces can be defined as the tool which helps in understanding the forces that helps…
Q: QUESTION TWO GM Motors of Lusaka produces electronic motors for power actuated values for block…
A: Years Annual sales (K'000) X Y 2007 1 1000 2008 2 1300 2009 3 1800 2010 4 2000 2011…
Q: Question 1 Q.1.1 Explain the meaning of the term "risk consumerism". Q.1.2 Sipho has just started…
A: Risk consumerism - this is define as risk which is related to a potential risk that can be seen in…
Q: Q10 Quantitative Problem The State of Maryland is considering a requirement that for every ton of…
A: Given Information: Permit cost per ton of CO2 produced = $ 40 Coal consumed per MWh of electricity…
Question 4
The below data represent the advertising expenditure and sales of Little Liu Ltd from year 2008 to 2017.
Table: Advertising Expenditure vs. Sales from 2008 to 2017
|
Year |
Advert. Expenditure |
Sales |
|
(x, £000) |
(y, £000) |
|
|
2008 |
8 |
30 |
|
2009 |
12 |
40 |
|
2010 |
11 |
29 |
|
2011 |
5 |
29 |
|
2012 |
14 |
43 |
|
2013 |
3 |
17 |
|
2014 |
6 |
20 |
|
2015 |
8 |
30 |
|
2016 |
4 |
22 |
|
2017 |
9 |
40 |
|
Total |
80 |
300 |
- Work out the values of parameters of the relationship shown in the Figure (i.e. work out the equation of the relationship).
Step by step
Solved in 2 steps with 2 images
- Question 5 In the context of account classification, which of the following is a benefit of single-factor analysis? O It employs a matrix system. O It is used for goal setting. It requires no data manipulation. O It provides equal weightage to all categories of accounts. O It uses statistical analysis.QUESTION 1The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150 a. Using the following, forecast the sales for the months up to January the following year:- iii. Exponential Smoothing when α= .6 and the forecast for March is 350.__________________________________________________________________________Question No. 1A) Prepare the total budgeted sales in dollars for the quarter ended March 31, 2021 usingthe following data.Feb Mar AprQuantity of budgeted units for salesJan 25000 Feb 55000 Mar 35000 Apr 40000 Expected selling prices of each unitJan $12 Feb $15 Mar $20 Apr $22 B) What is Budget & how does it helps management in managing business?
- Question 3 [Soalan 3] Use the data set below to answer the following questions: [Gunakan set data di bawah untuk menjawab soalan-soalan berikut:] Table 1: Monthly sales unit [Jadual 1: Unit jualan bulanan] Month [Bulan] Sales Units [Unit Jualan] 1 1100 2 1200 3 1450 4 1800 5 2100 6 2700 ii) Calculate the four-period weighted moving average forecasts for months 5 and 6 using weights of 0.05, 0.15, 0.30, and 0.50 from the earliest period to the latest period, respectively. [Hitungkan ramalan wajaran purata bergerak menggunakan empat-tempoh untuk bulan 5 dan 6 menggunakan pemberat 0.05, 0.15, 0.30 dan 0.50 dari tempoh yang terawal ke tempoh yang terakhir mengikut turutan.]Question 2Chad and James are two veteran sales executives who have been working for a well-established car distributor selling new cars. About six years ago, believing that there were good prospects in starting a business in selling used cars, both gentlemen left their employment to venture out.Since the beginning of their company, sales had been quite positive, but the owners now wanted to know more about future sales using an appropriate forecasting method. For a start, they wanted to focus on the quarterly sales of a popular brand of used cars.The sales figures over the last five years were used for the forecast. They are presented in the table below. (c) Explain why forecasting, despite its usefulness or sophistication, should only be considered a useful tool for decision making in any business. What are other factors that need to be considered? (d) The business of selling cars in Singapore, like many businesses, is subject to uncertainties.Discuss three (3) external factors,…QUESTION 1The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150 a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average
- Question 2 Historical demand for gulab jamun from a sweet stall on Commercial Road is as displayed in the table. Month Demand (orders) January 66,753 February 67,686 March 68,641 April 68,979 May 69,278 June 69,577 July 69,602 August 70,348 September 70,806 October 71,011 November 71,819 December 72,752 What is the forecast for June using Holt's model with an alpha of 0.1 and a beta of 0.2? 69121 69612 70564 63545 Full explain this question text typingIn time series analysis, how do the mean absolute percentage error, the mean squared error, and the mean absolute error measure forecast accuracy? Question 3 options: By using the current time series value to estimate how well the forecasting method correctly calculates previous values By adjusting the scale of the time series data By predicting the future values and waiting for a specific period of time to determine the accuracy of the predictions By calculating how well a forecasting method is able to reproduce existing values for time series dataQUESTION 4 Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 72.4 Q2 85.3 Q3 109.6 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4. Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below: Coefficients Intercept 2,506 Time 71.3 If the original value of the series in a Q1 was 2,040, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)
- QUESTION 3 A department store has recorded the sales of the best selling can opener model during the last 6 months. Observed values of the can opener sales are: Period 1 2 3 4 5 6 Sales 25 22 26 33 28 30 Use Holt’s double exponential smoothing with smoothing coefficients α=0.3, β=.15, S1=24.13 and G1=1.484 to calculate F1,2, G2 and S2. F1,2 = S2 = G2 =Question Four: ABC Company sells home appliances. Daily sales for a six-day period were as follows: Day Sales Saturday 20 Sunday 24 Monday 30 Tuesday 40 Wednesday 36 Thursday 44 Forecast Friday sales volume using each of the following methods: A three-day moving average. A four day weighted average using weights of 0.1, 0.2, 0.3 and 0.4 Exponential smoothing with a smoothing constant equal to 0.2, assuming Wednesday forecast of 42. Determine a linear trend line equation for ABC Company. Use the trend equation to forecast Friday sales volume.Question A reputable FMCG company is holding its Annual Sales Conference on January 30th 2021 for its New Year sales plan. The company is interested in launching new product beside its existing product lines. The new product will be novel in the history of the company. explain what FMCG company seeks for and following for above mentioned firm, with reason/limitations specified for the FMCG company. Discuss the techniques of forecasting that will be used by the company for its existing and new products. Explain specific type and reason for using those techniques. Also identify the limitations of these techniques. Use word/Excel