Identify the correct statement about forecasting. The primary goal of forecasting is to predict areas within the organization where there will be future capital shortages or surpluses for equipment. Judgmental methods are excellent for capturing historic trends in a company's demand for labor directional strategies. Under the right conditions, judgmental methods give predictions that are much more precise than those that could be achieved statistically. Forecasting, on both the supply and demand sides, can use either statistical methods or judgmental methods.
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Business, 22.06.2019 02:40, shadow29916
Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.
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Business, 22.06.2019 18:10, salvadorperez26
Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials
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Identify the correct statement about forecasting. The primary goal of forecasting is to predict area...
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