Distinguish between a weighted moving average model and an exponential smoothing model
What will be an ideal response?
Exponential smoothing is a weighted moving average model wherein previous values are weighted in a specific manner--in particular, all previous values are weighted with a set of weights that decline exponentially. Also, exponential smoothing involves little record keeping of past data.
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Which is not an advantage of leasing from a lessee's viewpoint? ?
A) The asset can be acquired without having to make a substantial down payment. B) The lease is a way of indirectly making a sale. C) "Off-balance-sheet financing" may be practiced. D) The risk of obsolescence may be reduced.
What a company's top executives are saying about where the company is headed long-term with respect to its future product-market-customer-technology mix
A. indicates what kind of business model the company is going to have in the future. B. serves to define the company's business plan. C. signals what the firm's emergent strategy will be. D. constitutes the strategic vision for the company. E. indicates what kind of products and services the company plans to offer in the future.
Vendor analysis
A. does not take into account the behavioral needs of purchasing managers and others involved in the buying decision. B. has the sole objective of getting the lowest possible price on a particular product or service from the supplier. C. is a formal rating of suppliers on all relevant areas of performance. D. None of these answers is correct.
Catchy Gadgets Corporation and Discount Outlets, Inc., enter into a contract for a sale of kitchenware. The contract requires Catchy to deliver the goods to Rapido Carrier Company for transport to Discount's warehouse. Risk of loss passes to Discount when
A. Catchy delivers the goods to Rapido. B. Catchy and Discount enter into their contract. C. Rapido transports the goods to Discount's warehouse. D. Discount sells the goods to its customers.