What the most appropriate forecasting method

Assignment Help Managerial Accounting
Reference no: EM132985831

Problem 1: Suppose you wanted to use a time series technique to predict the population of a Australia in the year 2020 using  annual population data from 1980-2017. The most appropriate forecasting method or methods to use would be

Select one:

a. Moving Average

b. Simple Exponential Smoothing (SES)

c. Trend extrapolation equation

d. Holt's Exponential Smoothing (HES)

e. Both (c) and (d) would be appropriate

Reference no: EM132985831

Questions Cloud

What will your retirement investment be worth 34 years : If you believe you will earn an effective annual rate of return of 12.1%, what will your retirement investment be worth 34 years from now?
How much did really cost to take the course : What if you were employed and needed to take 40 hours off from work (where you earn $20/hr) in order to take the class. Would this matter?
What annual dividend must the company offer : The company wants the stock to sell for $743.00 per share. What annual dividend must the company offer?
Explain the impact of three internal control weaknesses : Identify and explain the impact of three internal control weaknesses in Grafite's purchasing process. Recommend a control procedure that Grafite
What the most appropriate forecasting method : What the most appropriate forecasting method or methods to use would be? Suppose you wanted to use a time series technique to predict the population
Estimate of the systematic risk of the equity : Estimate of the systematic risk of the equity for the company's new investment?
What amount of under- or overlapped manufacturing overhead : What was the amount of under- or overlapped manufacturing overhead? Explain what the meaning of under or overlapped manufacturing overhead
How delta would disclose its employee benefits : How Delta would disclose its employee benefits costs in the SPLOCI and SFP as of 30th September 2020. Ignore accounting policy notes
Calculate utilization of labour and material by each product : Sales demand in July is expected to be 18,000 units for SS and 30,000 units for TT. Calculate the utilization of labour and material by each product.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What the overall increase in kennaman net operating

Store I would result in a 20% decrease in sales in Store II. So, the overall increase or decrease in Kennaman's net operating income if Store I is closed is

  Determine and calculate the break even poin

Calculate the break even point. Should not we include the existing fix cost? should not the fix cost be added (old and increment) and teh divided

  Calculate the approximate percentage changes

Calculate the approximate percentage changes in the values of both bonds if your expectations are realised.

  What is the primary reason for the difference in net income

What is the primary reason for the difference in Net income between producing 500 shields and producing 1,000 shields, holding constant sales at 500 shields

  Calculate the net present value

Construct a spreadsheet using Excel to calculate the net present value, and internal rate of return of the proposed mine

  Range of activity for deciding cost behaviour

Why is it necessary for a company to specify a relevant range of activity when making assumptions about cost behavior?

  Should this information be shared with the municipal workers

After building activity-cost models, should this information be shared with the municipal workers? Why or why not

  Compute the budgeted purchases for the next? seven-day

Compute the budgeted purchases for the next? (seven-day) week.? (Round the answer to the nearest? dollar.) Kwanzan Industries expect to sell 490 unit of Product

  Prepare a contribution format income statement

The company has a ball that sells for $25. Prepare a contribution format income statement and compute the degree of operating leverage

  What the materials quantity variance for april

The company budgeted for production of 2,400 units in April, and the actual production was 2,400 units. What the materials quantity variance for April

  Find overhead applied to maxi b using activity-based costing

Find Overhead applied to Maxi B using activity-based costing is. Mini A and Maxi B. Bonita's overhead costs consist of setting up machines

  What is annual rate of return

A new salon will normally generate annual revenues of $67,220, with annual expenses (including depreciation) of $40,200. What is annual rate of return

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd