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a. Fill in the table by preparing forecasts based on a five-year moving average, a three-year moving average, and exponential smoothing (with a w = 0.9 and a w = 0.3). Note: The exponential smoothing forecasts may be begun by assuming Yt+1 = Yt.
b. Using the forecasts from 2005 through 2009, compare the accuracy of each of the forecasting methods based on the RMSE criterion.
c. Which forecast would you have used for 2010? Why?
What are the two primary factors that influence a firm manager's choice between a labor-intensive and a capital-intensive method of production? How does each factor influence the manager's choice.
As the manager of exploration for Chieftain Oil & Gas, you are assessing a new offshore oil recovery method that will recover oil and gas deep in the Gulf of Mexico.
Dominant price leadership exists when one company drives others out of the market. The dominant company decides how much each of its competitors can sell.
Your parents are planning investing in PepsiCo common stock. They ask you, as an accounting expert, to make an analysis of the firm for them. The financial statements of firm can be found at firm's website.
You are planning a security with the following possible rates of return, Compute the expected rate of return and the standard deviation of the returns.
The Alex Corporation uses two inputs, A and B, to produce boats. The production function for boats is given through
Dell Computer Corporation, the world's biggest personal computer maker, is keenly aware of everything its rival PC manufacturers decide to do.
What is the outcome in terms of profitability and result in this Industry - submit a paper on an Industry of your choice.
College A is planning outsourcing their groundskeeping. They have been given a bid from Groundskeeper Willie for $250,000 a year, with the claim that he will keep school grounds in the same condition they are in now.
The American Baker's Association reports that yearly sales of bakery goods last year rose 15%, driven by a 50% increase in the demand for bran muffins
A new manager recently was given an project to make two possible wage schemes for a design firm. The manager came up with the following packages:
Ethical relativism does not do a good job of resolving conflicts, but it can work well to resolve conflicts within a culture by applying the majority rule. For this paper you are going to use ethical relativism to determine the best way to deal
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