Use the information in Table 8.5. Using the 4-month weighted moving-average technique and the following weights, what is the forecasted demand for November?
Time Period Weight
Most recent month 50%
One month ago 20%
Two months ago 20%
Three
months ago 10%
A) fewer than or equal to 250 units
B) greater than 250 but fewer than or equal to 265 units
C) greater than 265 but fewer than or equal to 280 units
D) more than 280 units
C
You might also like to view...
___________ involves identifying and addressing customer needs, trends, and issues before they occur.
a. Customer due diligence b. Reactive customer monitoring c. Proactive monitoring of customers d. Cognitive mapping
A CPA purchased stock in an audit client corporation and placed it in a revocable educational trust for the CPA's dependent minor child. The trust securities were not material to the CPA but were material to the child's personal net worth. Is the independence of the CPA considered to be impaired with respect to the client?
a. Yes, because the stock is considered a direct financial interest and, consequently, materiality is not a factor b. Yes, because the stock is considered an indirect financial interest that is material to the CPA's child c. No, because the CPA is not considered to have a direct financial interest in the client d. No, because the CPA is not considered to have a material indirect financial interest in the client