To minimize finance charges calculated by the daily balance method, when in the billing cycle is it best to make purchases and payments? a. both purchases and payments should be made early in the billing cycle. b. both purchases and payments should be made late in the billing cycle. c. payments should be made early in the billing cycle, and purchases should be made late in the billing cycle. d. purchases should be made early in the billing cycle, and payments should be made late in the billing cycle.

Payments should be made early in the billing cycle, and purchases should be made late in the billing cycle.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

the correct answer is:     [c]:     " cyclical unemployment " .