The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. the manager wants to predict the demand for this time series using the following simple linear trend equation: trt = 12 + 2t. what are the forecast errors for the 5th and 6th years?
0, −3
0, +3
+2, +5
−2, −5
−1, −4

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false