A salesperson has been asked to forecast her sales for the next month. To do so, she decides to average her sales from the past three months. This forecasting technique is referred to as?
a. Simple moving average
b. Weighted moving average
c. Exponential smoothing
d. Linear trend forecast
a. Simple moving average
Business
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All manufacturing costs other than direct materials and direct labor are classified as factory overhead
Indicate whether the statement is true or false
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Which questions are also known as probing questions?
a. Closed b. Open c. Primary d. Secondary
Business
Although you will be judged on your technical and communication skills in and out of the office, you do not have to worry about demonstrating proper business attire and dining etiquette?
Indicate whether the statement is true or false
Business
What is the Lagrangian function?
Given the nonlinear programming model Max Z = 4x1 - 0.1x1x2 + 5x2 - 0.2 x22 Subject to: x1 + 2x2 = 4
Business