1. C&A reports annual sales of S6 million, cost of goods sold of $2 million, 2. C&A reports annual sales of $5 million, cost of goods sold of SI million, 3. A car dealer must choose between two alternative forecasting techniques. inventory of $0.5 million, and net income of SO.75 million. What are C&A's annual inventory turns? inventory of $0.5 million, and net income of $0.75 million. What is C&A's months-of-supply of inventory? Both techniques have been used to prepare forecasts for a six- month period. Using MAD as a criterion, which technique provides a more accurate forecast? Technique 1 Technique 2 Forecast 487 484 479 490 497 493 Month Demand Forecast 495 482 492 470 485 493 498 492 478 488 492 491 4. If you assume that actual sales for March of 103, a forecast value for March of 100, and an of .3, what is the exponential smoothing forecast for April? 5. A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8 per stone for quantities of 600 stones or more, $9 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities. The jewelry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are $48. If carrying costs are $2 per year for each stones, find the order quantity that will minimize total annual cost