The demand for a certain drug in a hospital has been increasing. For the past six months, the following demand has been observed. Use a three-month moving average to make a forecast for July Demand unit 15 18 22 23 27 26 Months January February March April May June July 25

The demand for a certain drug in a hospital has been increasing. For the past six months, the following demand has been observed. Use a three-month moving average to make a forecast for July Demand unit 15 18 22 23 27 26 Months January February March April May June July 25

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Yarbrough Company manufactures T-shirts printed with tourist destination logos. The following table shows sales prices and projected sales volume for the summer months: (Click the icon to view the data.) Prepare a sales budget for Yarbrough Company for the three months. - X Data Table Yarbrough Company Sales Budget June, July, and August Projected Sales in Units June July August Total T-Shirt Sizes Sales Price June July August Youth T-Shirts Youth $ 7 575 500 525 Adult-Regular T-Shirts Adult-regular 17 625 900 825 Adult-oversized 18 400 500 475 Adult-Oversized T-Shirts Total sales Print Done Activate Windows Enter any number in the edit fields and then click Check Answer.
Data Trevor Cycles manufactures chainless bicycles. On March 31, Trevor Cycles had 206 bikes in inventory. The company has a policy that the ending inventory in any month must be 20% of the following month's expected sales. Trevor Cycles expects to sell the following number of bikes in each of next four months: View the data. Prepare a production budget for the second quarter, with a column for each month and for the quarter. Trevor Cycles Production Budget For the Months of April through June April.. 1,030 bikes April May June Quarter May 1,170 bikes les 1030 1170 1390 1270 206 234 278 254 June.. 1,390 bikes esired ending inventory July 1,270 bikes eeded 1236 1404 1668 4308 206 206 234 646 Beginning inventory 1030 1198 1434 3662 o produce Print Done
Aggrava Limited is currently preparing budgets for September to December. Its estimated sales figures in units are as follows: (financial information) = September October November December Sales (units) 5,569 14,234 14,847 15,121 Inventories at 31 August totalled 16,234 units, and inventories are to be kept at a constant level for all months except December, when opening inventories on 1 December are to be increased to 23,118. Inventories will revert to the normal level on 31 December. Inventories will cost £2 per unit throughout the period, and suppliers allow Aggrava Ltd to pay in the month following an order. Other relevant information is that 3,497 units were bought in August. Requirement 1: Prepare Aggrava Ltd's inventories budget (in units) for September to December. Requirement 2: Prepare the information relevant to inventories purchases that would appear in the cash budget for the period. Question content area bottom Part…
The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: WEEK OF PINTS USED August 31 360 September 7 372 September 14 410 September 21 381 September 28 366 October 5 374 a) The forecasted demand for the week of October 12 using a 3-week moving average = ____ pints (round your response to two decimal places).
Complete this question by entering your answers in the tabs below. 4 Required 1 Required 2 Prepare a schedule of forecasted sales, on a rolling basis, for the months January through June, inclusive. (Hint: There will be only one forecasted number for January-this is the forecast done in December. For February, there will be two forecasts: one done in December and a second done in January. For June, there will be six forecasts, one done in each of the preceding six months.) Month of Forecast for Month of Forecast January February March April May June December January • February March April May Required 1 Required 2 >
Management is planning to increase menu prices 4 percent and also expects a 3 percent increase in sales volume. Forecast food sales for months 1-3 by using the following historical information: Month Sales Volume Last Year Month 1 $140,000 Month 2 175,000 Month 3 190,000
Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months. The forecasts and actual sales are as follows. Month Soles Forecast 1 Forecast 2 1 835 785 810 2 835 800 825 3 830 845 845 4 855 830 815 5 770 765 810 6 835 805 811 7 780 790 810 8 845 790 780 9 790 820 810 10 815 795 840 a. Compute the MSE and MAD for each forecast (Round your answers to 2 decimal places.) MSE MAD Forecast 1 Forecast 2
One Device makes universal remote controls and expects to sell 654 units in January, 952 in February, 907 in March, 648 in April, and 957 in May. The required ending inventory is 13% of the next month’s sales. Calculate the total production for the first four months (January, February, March and April). Round to the nearest hundreth, two decimal places.
You have been provided with monthly sales projections for year one for Maggie’s Coffee Café. Use these projections to answer the following: Based on the sales projections for Maggie’s Coffee Cafe determine: Sales per day for the first month they are open (January) ______________ Sales per day for the 6th month they are open (June) ______________ Sales per day for the 12th month they are open (December) ______________ (assume the business is open 7 days/week; Jan and Dec have 31 days; June has 30) Which month has the highest sales? Which month has the lowest sales? Why do you think this is so?

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