Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please please answer both questions!! At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Product 1 Product

please please answer both questions!! image text in transcribed
image text in transcribed
At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Product 1 Product 2 Price/Unit 67 Variable Cost/unit 15 Fixed Cost 33,930 53 29 21,090 (Answer rounded to 0 decimal points, use standard rounding procedure) Your Answer: Answer The error in the forecast for Period 5 when Three period moving average forecast method is used:(Please round to 2 decimals for your answer which looks like 0.52) 3-Period Absolute MA Absolute Percent Squared X(Time Period) Y Sales) Forecast Error Error Error Error 1 3.0 2 11.1 3 4 3.9 5 15.1 6 12.2 7 12.9 Your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essential Mathematics For Economic Analysis

Authors: Knut Sydsaeter, Peter Hammond

3rd Edition

0273713248, 9780273713241

More Books

Students also viewed these Finance questions

Question

Is your management system defined?

Answered: 1 week ago

Question

Do you have a comprehensive communication plan for your strategy?

Answered: 1 week ago

Question

Do you have sufficiently ambitious milestones?

Answered: 1 week ago