The following data represent the number of refrigerators sold for each of the past five months for Templeton Appliances
Month Sales
1 25
2 20
3 40
4 35
5 30
Using a two-period simple moving average, the forecasting error for Month 3 is ________.
A) 2.5
B) -5.0
C) -7.5
D) 17.5
D
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Which of the following is not a significant activity during the systems implementation phase?
a. computer resource acquisition b. system maintenance c. software and hardware installation d. site preparation
Answer the following statements true (T) or false (F)
Our psychological worlds have an impact on the physical world.
Communication networks are part of which organizational element?
A. socially constructed B. goal directed C. systems D. structured interaction
Anna operates a consignment shop where she sells clothes for women and children. The average number of consignments sold per month is 1,000. The average material cost and the selling price of each consignment are $8 and $20, respectively. The monthly fixed costs to run this business are given below: Rental cost: $750Utilities: $150Advertising: $35Insurance: $100Labor cost: $4,000 a. Build an influence diagram that illustrates how to calculate profit.b. Using mathematical notation, give a mathematical model for calculating profit.c. Implement your model from part (b) in Excel using the principles of good spreadsheet design.
What will be an ideal response?