Sales for boxes of Girl Scout cookies over a 4-month period were forecasted as follows: 100, 120, 115, and 123. The actual results over the 4-month period were as follows: 110, 114, 119, 115. What was the MAD of the 4-month forecast?
A) 0
B) 5
C) 7
D) 108
E) None of the above
C
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Kimlee, a food manufacturer based in China, recognizes the immense demand for noodles in the Australian market
Kimlee forms a new business venture to manufacture instant noodles and decides to share possession and control of the new business with a local food processing company. In this case, Kimlee has entered a foreign market through ________. A) licensing B) contract manufacturing C) direct investment D) joint ownership E) management contracting
Which of the following is not a component of the operating budget?
A. Selling and administrative budget B. Sales budget C. Direct materials purchases budget D. Budgeted balance sheet
________ is a lack of concern for others, impulsive behavior, and a lack of remorse or guilt when one's actions harm others.
A. Machiavellianism B. Psychopathy C. Laissez-faire syndrome D. Ethnocentrism E. Narcissism
Customer demand will always remain an unknown, so it is not considered a source of variability
Indicate whether the statement is true or false