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23 and 24

DI Question 23 4 pts Which of the following is the least useful sales forecasting model to use when sales are increasing? O S
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Answer #1

Question 23. Simple moving average

Simple moving average gives the lowest value of all the methods. Therefore, it is the least useful method when sales are increasing.

Question 24. 3.75

Output = $ 500 * 50 students * 3 credit course * 2 (this is multiplied with 2, to account for state support)

= 500*50*3*2

= $ 150,000

Total Input cost = 7500+50*50+30000 = $ 40,000

Multifactor productivity = Output / Input cost

= 150000/40000

= 3.75

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