1. (TCO 1) Budgets are prepared for:
2. (TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using a three day moving average.
3. (TCO 2) Using the table “Paint Sales Time Series”, calculate the mean absolute deviation for a three day moving average
4. (TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using a three day weighted moving average. Use a weight of .60 for the most recent observation, .30 for the second most recent, and .10 for the third most recent
5. (TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using exponential smoothing and a smoothing constant of .10
1. (TCO 3) Using the following information regarding actual sales for Sam’s Ski Supplies, calculate the regression (trend) line:
2. (TCO 3) Using the following information regarding actual sales for Seafood City, project sales for Friday of Week 3 using simple linear regression:
3. (TCO 3) Using the following information regarding actual sales for Paradise Pools, calculate the seasonal ratio for June of Year 3:
4. (TCO 3) Using the following information regarding actual sales for Seafood City, calculate the seasonal forecast of sales for Friday of Week 3
5. (TCO 3) The regression statistic that measures the accuracy of regression predictions is the:
1. (TCO 4) Marketing expenses commonly increase in proportion to
2. (TCO 4) Which of the following statements regarding the risk associated with R&D activities is correct?
3. (TCO 4) Which of the following statements regarding the general and administrative expense budget is not correct?
4. (TCO 4) Which of the following is not a reason why capital expenditures are incurred?
5. (TCO 4) Which of the following is not a capital budgeting decision?