Ask Question
BusinessBusiness
22 November, 21:11

Mary, Susan and Sarah are running a beach boutique on the board walk of Ocean City.

+1
Answers (1)
  1. 22 November, 21:14
    0
    Answer:The result of simple forecast combination is 354

    Explanation:

    Simple forecast combination = (forecast of Mary + forecast of Susan + forecast of Sarah) / 3

    = (315 + 516 + 196) / 3

    = 354

    Simple forecast model is a naive model where the future sales can be predicted based on the past experiences. Here the three partners have different forecast so based on the average of their forecast the sales for this year's red hoody lifeguard can be predicted as 354.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mary, Susan and Sarah are running a beach boutique on the board walk of Ocean City. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
During the trial phase of Soft Drink Soda Corporation's suit against TimeOut Convenience Stores, Inc., their attorneys engage in voir dire. This is: the determination of the issues to be argued.
Answers (1)
Which of the following is an example of tertiary healthcare? Question 4 options: A family doctor An Ear, Nose, and Throat Specialist A Pediatric Ear, Nose, and Throat doctor at Riley Hospital.
Answers (1)
In regards to credit, what does capacity mean?
Answers (1)
Team members will then enter into a discussion on the Team Discussion Board of these transactions, the applicable tax rates, and the Davis critique of government regulations and tax policies applicable to them.
Answers (1)
Jeri company sells three different categories of tools (small, medium and large). the cost and market value of its inventory of tools are as follows.
Answers (1)
New Questions in Business
The Rye Corporation has provided the following information: Total sales were $1,240,000. Beginning net accounts receivable was $49,000. Ending net accounts receivable was $63,000. Sales returns and allowances totaled $108,000.
Answers (1)
It's important to know whether you've paraphrased and cited source material for your paper correctly so you avoid plagiarism. Read the original quote below and the two attempts to paraphrase it.
Answers (1)
What is a liquidity trap? -When deflation occurs because growing debt obligations cause a decrease in aggregate demand. -When increasing price levels result in fixed-income earners "drowning" as expenses grow while income remains constant.
Answers (1)
Elisabeth gets a new credit card with a $ 5 comma 000 credit limit. Elisabeth gets a new credit card with a $5,000 credit limit. Is this counted in M1 only, M2 only, M1 and M2, or neither?
Answers (1)
The term relevant range means the range of activity over which
Answers (1)
Home » Business » Mary, Susan and Sarah are running a beach boutique on the board walk of Ocean City.
Sign Up Forgot Password?