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Sell Invention Now Develop Product Now Wait and Sell Patent Wait and Develop Product What is the Expected Value WITH Perfect Information? 5.5 07.2 04.15

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Sell Invention Now Develop Product Now Wait and Sell Patent Wait and Develop Product What is the Expected Value WITH Perfect Information? 5.5 07.2 04.15 01 02 0.95 03 Q4 Total Question 6 (1 point) 4) Listen Consider the following quarterly sales data (in units): 1.14 Actual 2017 0.93 7 6 Patent Approved Patent Denied 0.7 2.5 6 5 24 Actual 20 0.3 2.5 8 5 6 8 7 5 S 25 1 0 Actual Actual Actual Seasonal 2019 2020 2021 Index 8 7 6 8 7 30 Based on years 2017-2021, what is the seasonal index for Q3? O 0.86 01.06 6 27 9 6 9 9 7 ? 01 Q2 Q3 01 02 03 04 Total What is the MAD per quarter? O 0.25 8 2 0.5 23% 25% 6.2% Actual 2021 5.8% Question 10 (1 point) 4) Listen Consider the following quarterly actual sales and forecast for 2021: 9 9 7 Forecast 2021 7 32 90 9 Actual Forecast 2021 2021 10 7 Q4 7 Total 32 What is the MAPE per quarter? 6 8 10 6 8 10 34 10 34

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