Forecast error is found by subtracting the forecast from the actual demand for a given period
Indicate whether the statement is true or false
TRUE
You might also like to view...
Sue, a resident of the state of New York, was visiting her aunt in Iowa. While there, her car was hit by a drunken driver named Jerry, a resident of Iowa. Sue was injured in that accident. Which of the following actions can Sue take in this scenario?
A. Sue can sue Jerry and bring the case to Iowa state court, provided that the dollar amount of the controversy exceeds $75,000. B. Sue can file a case against Jerry in the New York state court, as she is a resident of that state. C. Sue can file a case against Jerry only in the Iowa state court, as this is a matter that involves state negligence law. D. Sue can sue Jerry and bring the case to Iowa federal court, as this is a case that involves diversity of citizenship.
The normal selling price of Carla Company's product is $3.00 per unit. The costs of production are: direct materials, $0.20; direct labor, $0.10; variable overhead, $0.40; and fixed overhead, $0.60 (based on normal capacity). The company has received a special order for 8,000 units at a unit sales price of $1.00. There is ample unused capacity to fill the order. If the order is accepted,
operating income will A) increase by $2,400. B) decrease by $2,400. C) increase by $3,600. D) increase by $8,000.
Leadership traits viewed universally as unacceptable, according to the Project GLOBE study, are
A. passive, indirect, and unprincipled. B. indecisive, unprincipled, and dishonest. C. indirect, indecisive, and antisocial. D. egocentric, loner, and dictatorial. E. indirect, intellectual, and passive.
Where both words and numerals are used to describe the amount payable, the numerals will be used to resolve any differences
Indicate whether the statement is true or false