Estimate the trend component of monthly demand

Assignment Help Finance Basics
Reference no: EM13788921

A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality. She uses the following equation to estimate the trend component of monthly demand: Ft = 50 + 5t, where t = 0 in June of last year. Seasonal relatives are .95 for January, 1.01 for February, and 1.03 for March. What demands should she predict?

Reference no: EM13788921

Questions Cloud

What would be the effect on operating income : Carlo Company makes bulk quantities of cleaning fluids. They currently sell 1,000 containers a month at a price of $22 per unit. If they added a newer scent, they could charge $22.75 per unit for the improved product. It would cost them a total of $7..
Explain relationship between language and thought : discussion is the Sapir-Whorf Hypothesis and the relationship between language and thought. Based upon what you've read, do you think that people who speak different languages view world in fundamentally different ways?
Explain the reasons for your decision : After completing the reading on "Thinking," respond to the questions below: What steps does your textbook's author recommend for achieving your short term goals? Explain the reasons for your decision and conclude with your best possible choice
Enter interest income on municipal bonds : What line on 1040 do you enter interest income on municipal bonds, and interest income on certificate of deposit for universal savings, dividends on gm stock, medical expenses , withholding for state income taxes , and property taxes on home and prop..
Estimate the trend component of monthly demand : A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality. She uses the following equation to estimate the trend component ..
Under the cash and the accrual basis of accounting : On April 1 Ivy Corp began operating a service company with an initial cash investment by shareholders of $1,000,000. The company provided $3,200,000 of services in April and received full payment in May. Ivy also incurred expenses of $1,500,000 in Ap..
Write paper about describing your ideal job : Write a 1-2 page paper describing your ideal job. Be sure to address each of the four dimensions
Why are mutations important in evolution : Why are mutations important in evolution
What would be minimum acceptable price for order : The normal selling price of the product is $91.60 per unit. An order has been received from an overseas customer for 3,000 units at a special discounted price. This order would have no effect on the company's normal sales and would not change the tot..

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Calculate profit margin

Following is the financial information for Dell Corporation and calculate profit margin.

  Debt on the balance sheet

Are the actions of Morrison Company and the SPE legal? explain. Should Morrison Company report the debt on the balance sheet?

  What is the total asset turnover

Silas 4-Wheeler, Inc. has an ROE of 18 percent, equity multiplier of 2, and a profit margin of 18.75 percent.

  What prompted simons to take this approach

What prompted Simons to take this approach? Why did it turn out so well?

  How will this affect the feasibility of the project

If their expectations about the peso's value are correct, how will this affect the feasibility of the project? Explain.

  Determine the corporations earnings per share

Five investment options have the following returns and standard deviations of returns. Use the coefficient of variation and rank the five options from lowest risk to highest risk.

  Describe a situation a company would choose to issue bonds

Describe a situation in which a company would choose to issue bonds. Discuss the advantages of bond financing. What challenges will this company face regarding bond financing?

  Capitalization of land building and machinery acquired

capitalization of land building and machinery acquired capitalization of installation improvement demolition of

  What is the value of rolens preferred stock

Several years ago, Rolen Riders issued preferred stock with a stated annual dividend of 11% of its $100 par value. Preferred stock of this type currently yields 9%. Assume dividends are paid annually.

  Which of these below is not one of these aspects

Which of these below is NOT one of these aspects?

  Multibusiness models

From the case study, evaluate the efficiency of eBay's evolving business model within the retail auction industry. Next, compare the key difference of the evolving business models of both eBay and its major competitors.

  What is the weight of the preferred stock

What is the weight of the preferred stock as it relates to the firm's weighted average cost of capital?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd