If the forecasted demand for June, July, and August is 32, 38 and 42, respectively, what is MAD?

The following data summarizes the historical demand for a product:

Month Actual Demand
March 20
April 25
May 40
June 35
July 30
August 45


Answer: MAD = 4.67

Business

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In the liquidity-preference model, an increase in the money supply causes

A. the nominal interest rate to increase and the equilibrium quantity of money to decrease. B. the nominal interest rate to increase and the equilibrium quantity of money to remain unchanged. C. the nominal interest rate to decrease and the equilibrium quantity of money to remain unchanged. D. the nominal interest rate to decrease and the equilibrium quantity of money to increase.

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In January, Cigaro Corp agrees to a contract to sell 14,000 sports caps for $140,000 to Dilly, Inc In March, after 5,000 caps have been delivered, Cigaro and Dilly modify the agreement to sell an additional 6,000 caps for $33,000 which is significantly lower than Cigaro's stand-alone selling price at that time. During April, Cigaro delivers 2,000 caps. How much revenue will Cigaro recognize for

the month of April? A) $17,300 B) $16,400 C) $15,500 D) $11,000

Business

According to marketing consultant Pat LaPointe, the ________ metrics measurement pathway of the marketing dashboard reflects how prospects become consumers

A) customer B) unit C) cash-flow D) brand E) productivity

Business

Your appearance should be appropriate for the group you work with.

Answer the following statement true (T) or false (F)

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