Sofia worries that if something happens to her husband and he dies, she will lose everything—their home, their cars, etc. Which type of business should Sofia consult to see if there is a plan available to cover her expenses if her husband dies?A. stock-held savings institution

B.
web-only financial institution

C.
mutual fund company

D.
life insurance company

D. life insurance company

Explanation:

Life insurance protects against loss of income as a result of the death of the insured. It is an agreement where the insurance company accepts to pay the beneficiaries the stated sum of money when the insured dies.

Sofia should consult a life insurance company and find out the available plans that can provide relief should her husband die. Usually, insurance companies have policy plans that provide coverage against different types of risks. They also offer medical and life insurance.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.