Armed only with his fingers, the owner decides that the safest forecasting approach is a moving average of two periods

His fingers are aching by the time he reaches May and he is worried about his ability to stuff tacos during tomorrow's dinner rush. Help him out by finding the forecast for June.

A) 583.5
B) 544.5
C) 626
D) 673

After tallying the receipts for their first year of operation, the owners of the Taco Barn are encouraged. Sales of their artisnal tacos, made from such exotic ingredients as ground beef, cheese, and beans, have been strong and seem to give hope to the coming year. Taco sales by month are shown in the table.

Month Sales
January 474
February 485
March 501
April 588
May 579
June 673
July 594
August 679
September 608
October 699
November 732
December 732


Answer: A

Business

You might also like to view...

Martha was promised a 10% raise if she wins a contract with the city government. Martha could use the money to pay off some debts. However, she happens to know that another company is very close to securing the contract. There is a slim chance that she could win the contract away from the other organization, but she does not believe she can do it. According to expectancy theory, Martha is unmotivated to try to win the contract because she lacks ______.

A. valence B. instrumentality C. expectancy D. significance

Business

The proper treatment of a deposit recorded by the business but not yet recorded by the bank is to report the deposit on the bank reconciliation as a(n):

a. addition to the book balance per checkbook. b. deduction to the book balance per checkbook. c. addition to the balance per bank statement. d. deduction to the balance per bank statement. e. none of the above.

Business

"Karen, we must jump into this new business area now, or we will fall behind," argued Steven. "Let's price our product well below our competitors' prices, even if we don't make money at first. We will figure out how to make money later." Steven is displaying

A. illusion of control. B. bargaining. C. discounting the future. D. framing effects. E. benchmarking.

Business

Which “type” has a preference for hunches and speculative imagination?

a. Extraversion b. Intuition c. Thinking d. Feeling

Business