Answer:
To create a new blank document:
Click the Microsoft Office button.
Select New. The New Document dialog box appears.
Select Blank document under the Blank and recent section. It will be highlighted by default.
Click Create. A new blank document appears in the Word window.
I hope this really help. If not go to safari.
Answer:
Please find the attached file for the complete solution:
Explanation:
B)Using exponential smoothing with ? = 0.20, if the exponential forecast for week 3 was estimated as the average of the first two weeks [(315 + 415)/2 = 365], what would you forecast week 5 to be? (Round your answer to the nearest whole number.)
Week 1 315
Week 2 415
Week 3 615
Week 4 715
Answer: A. 582 ; B. 475
Explanation:
A. Three week moving average
three moving average requires us to take the last three weeks forecast in calculating the forecast for following week, to calculate week 5 forecast we will start from week 2 to week 4.
Week 2 = 415
Week 3 = 615
Week 4 = 715
Three week moving average = (WEEK 2 + Week 3 + Week 4)/N
Three week moving average = (415 + 615 + 715)/3
Three week moving average = 1745/3 = 581.6667 = 582
using three week moving average the forecast for week 5 is 582
B.Exponential smoothing
Exponential smoothing forecast for week 3 is 365, to calculate the forecast of week 5 we need to find a forecast for week 4 first using exponential smoothing
S = smoothing Factor = 0.2
D = most recent forecast (week 3) = 615
F = most recent forecast under exponential smoothing = 365
Forecast(week 4) = (D × S) + (F × (1 - S))
Forecast(week 4) = (615 × 0.20) + (365 × (1 - 0.20))
Forecast(week 4) = 123 + 292 = 415
The forecast for week 4 using exponential smoothing is 415
Week 5 forecast calculation
S = smoothing Factor = 0.2
D = most recent forecast (week 4) = 715
F = most recent forecast under exponential smoothing = 415
Forecast(week 5) = (D × S) + (F × (1 - S))
Forecast(week 5) = (715 × 0.20) + (415 - (1 - 0.20))
Forecast(week 5) = 143 + 332= 475
forecast for week 5 is 475
The forecast for the next week using a three-week moving average would be 448 items. Using exponential smoothing with a smoothing constant of 0.20, the forecast for week 5 would be 435 items.
To answer both parts of your question:
A) The three-week moving average is calculated by taking the average of the past 3 weeks, so for week 4, it would be the average of weeks 1, 2, and 3: [(315 + 415 + 615)/3 = 448]. Therefore, the forecast for week 4 using a three-week moving average would be 448 items, rounded to the nearest whole number.
B)Exponential smoothing requires the use of a smoothing constant, in this case, ? = 0.20, and the previous actual and forecasted values. Using the given exponential forecast for week 3 of 365, the forecasted demand for week 5 would be calculated as follows: Forecast = ? * Actual_previous + (1-?) * Forecast_previous = 0.20 * 715 + (1-0.20) * 365 = 435. Therefore, your week 5 forecast would be 435 items, rounded to the nearest whole number.
#SPJ3
Answer:
Dr Cash 105,600
Dr Compensation Expense 14,400
Cr Common Stock 10,000
Cr Paid-In Capital – Excess of Par 110,000
Explanation:
KL Corp Journal entry
Dr Cash 105,600
Dr Compensation Expense 14,400 (10,000*12*12%)
Cr Common Stock 10,000 (10,000*1)
Cr Paid-In Capital – Excess of Par 110,000
(10,000*(12-1))
Answer:
a. estimate the cost of inventory from incomplete records.
Explanation:
The gross profit method is used to estimate the cost of inventory from incomplete records. This is done by determining the amount of gross profit using the Sales Revenue and the Gross Profit Margin. Then finding the difference between the Cost of Goods available for sale and this Gross Profit to reach to the estimated cost of inventory.
Answer: $24
Explanation:
From the question, ECB will have a market capitalization of:
= $24 × 1,150,000
= $27,600,000
We are further told that It plans to repurchase 97,000 shares at the market price using its cash reserves, therefore it will need to pay:
= $24 × 97,000
= $2,328,000
The new market capitalization will be:
= $27,600,000 - $2,328,000
= $25,272,000
Its share price will now be:
= $25,272,000/(1,150,000 - 97,000)
= $25,272,000/1,053,000
= $24
The stock price is still $24
Answer: