meyer's grocery signed a contract to build a store in richmond, kentucky. soon afterward, meyer's breached the contract. which of the following can sue meyer's to enforce the contract?
A) a local home improvement store that hoped to sell building materials to the construction crew
B) neighborhood residents who were looking forward to shopping at Meyer's
C) the operator of a food truck,who intended to sell lunch to the construction crew
D) None of these are correct.

Answers

Answer 1

In a case whereby Meyer's grocery signed a contract to build a store in richmond, kentucky. soon afterward, meyer's breached the contractoption that describe how he can can sue meyer's to enforce the contract is D) None of these are correct.

What is a contract?

A contract can be descrkikbed as the legally enforceable agreement that can be established between two or more parties that  which helps to create as well as and governs mutual rights and obligations between them.

It should be noted that contract can involves the transfer of services, money, or a promise to transfer any of those at a future date hoever it can be considered as a promise enforceable by law and any breech can attract penalities from thye party that is giulty, from the case above we can see that neighborhood residents who were looking forward to shopping at Meyer's can not be sue and other mentioned options.

Therefore, option D is correct.

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Related Questions

what was the main difference between the two phases in terms of the users’ roles? what was the role of the plant manager? bombardier

Answers

A transformational step for Alstom: of the entirety of the acquisition of Bombardier Transportation | Alstom. At Alstom, we innovate no longer handiest to deliver operationally nowadays but to transform mobility at big, via pioneering smarter and greener mobility answers for all.

Bombardier Inc. is a Canadian manufacturer of aircraft, rail transportation gadgets and structures, and motorized customer products. The enterprise followed its gift call in 1978 and entered the aerospace field in 1986. The headquarters are in Montreal.

The Bombardier CSeries became an excellent aircraft, however, it did not promote so nicely. sales expanded drastically as soon as Airbus took control of the program. Airbus makes this acquisition and has the aircraft been so a success after rebranding to Airbus.

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When consumers are satisfied with a product, like the brand, and are committed to further purchases, a company has achieved a certain degree of _ for its product

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A business has realized a specific level of profit for its product when customers are pleased with it, enjoy its brand, and thus are committed to making additional purchases.

What called consumer?

Consumers are those who buy products for their own needs and use or consume them. Although a customer may resell the good, product, or service, he or she may use it to support himself or himself and engage in self-employment. Describe a consumer. The person who uses the goods or services on a daily basis is the consumer.

Who is a consumer with examples?

Consumers are those who buy goods or services for their own consumption rather than for manufacturing or resale. A customer is someone who makes purchasing decisions.

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crest is one firm of many in the market for toothpaste, which is in long-run equilibrium. indicate which of the following graphs accurately reflects crest demand curve, marginal-revenue (mr) curve, average-total-cost (atc) curve, and marginal-cost (mc) curve.

Answers

crest is one firm of many in the market for toothpaste, which is in long-run equilibrium than Our job is to create a diagram that displays the demand curve, marginal revenue curve, average total cost curve, and marginal cost curve for Sparkle.

The output of Sparkle that maximizes profits is the dot M where MR=MC and price=AC.

What do you mean by equilibrium?

a situation where there is equilibrium between opposing forces or actions, which can be static (such as when forces are applied to a body and the resultant is zero) or dynamic (such as during a reversible chemical reaction when the velocities in both directions are equal) an emotional or intellectual condition of equilibrium.

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when groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called:

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Labor productivity is defined as real output per labour hour, and the change in this ratio over time is used to measure labour productivity growth.

Productivity increases have historically resulted in higher real income, lower inflation, and higher corporate profitability. A company that increases output while working the same number of hours is likely to be more profitable, which means it can raise wages without passing the cost on to customers. Our output metric is gross value added (GVA), and our labour input metric is workers. Productivity is a measure of how well a company converts inputs like labour and capital into outputs like products and services.

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what would you use to show new employees the process of signing up for health benefits? a bar chart an organizational chart a flowchart

Answers

An organizational chart can be used to show new employees the process of signing up for health benefits.

What is Organizational Chart?

An organizational chart is a visual representation of a company's internal structure that shows the relationships, functions, and responsibilities of each individual within the organization. It is one method of imagining a bureaucracy.

The most popular use of an organizational chart is to display the structure of a company, a government, or another type of organization. Org charts can be constructed in a variety of ways and are useful for a variety of purposes. They could serve as a resource for planning, a management tool, or a personnel directory.

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janell is always asking for the source of comments or research to back up assumptions made at team meetings. ultimately, the team creates better solutions because of this. what role is janell playing as a team member?

Answers

Bootstrapping is the practice of starting a business with little or no capital and reinvesteding profits as the company expands. While this method of financing a company may result in slower growth, it also minimizes debt and risk. Some businesses can be bootstrapped more easily than others.

When considering funding, what should a startup focus on?

Size, growth, and market share of your target market It is essential to have credibility in your financial model to be able to clearly articulate your market size, market growth, and forecasted market share. However, it is also essential for knowing which investors are ideal for financing your business.

What distinguishes the crowdfunding reward model?

A supporter can invest in an organization or cause under the rewards model of crowdfunding in exchange for something like "recognition, a show ticket, [or] a t-shirt" ((Manderson, 2012; Sumners, 2012, p. 40)The donation model and the reward model are frequently used together.

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Which of the following statements about evolution is TRUE?
a. Evolution describes how an individual's offspring develop from juveniles to adults.
b.Evolution cannot be observed directly, so it must be interpreted through indirect evidence.
c.Evolution occurs when an individual changes within its lifetime, to better fit its environment.
d.Selective survival and reproduction is a requirement of evolution by natural selection.

Answers

Evolution occurs when an individual changes within its lifetime, to better fit its environment is true about evolution.

What is Evolution?

Evolution is the shift in a biological population's heritable traits over successive generations. These traits are the expressions of genes, which, during reproduction, are handed from parent to offspring. Genetic mutation and recombination cause variation to frequently occur within a population. When evolutionary mechanisms like natural selection and genetic drift work on this variety, they cause specific traits to become more or less prevalent within a population. This is when evolution happens. The evolutionary pressures that determine whether a trait is common or rare within a population are always shifting, which causes a change in heritable traits to emerge through time. Every level of biological organization, including species levels, has experienced an increase in biodiversity as a result of this process of evolution.

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harry is selling his rare coin collection through marshall auction house. harry will not sell the collection for less than $300,000 and has the right to withdraw the collection if the highest bid is less than the $300,000 minimum. who is the offeror in this auction? a. harry b. the auctioneer c. the people who make bids d. the final buyer

Answers

C. The people who make bids.

Why do you say "auction"?

In an open or closed style, an auction is a sales event where prospective buyers submit competing bids on goods or services. Because buyers and sellers think they will get a good deal when purchasing or selling assets, auctions are popular. There are four types of auctions: (1) the open, oral, or English ascending-bid auction; (2) the Dutch descending-bid auction; (3) the first-price, sealed-bid auction; and (4) the Vickrey second-price, sealed-bid auction.

What does purchasing at an auction mean?

An auction building is often where traditional auctions take place. All potential purchasers will be there, and they will all present bids to one another. On the auction day, if you place the highest bid, you exchange contracts and hand over your deposit.

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in no more than 500 words, please share how the president's vision for the country and the priorities of the biden-harris administration have influenced your decision to apply to the white house internship program.

Answers

Inauguration of the White House Internship Program, which will pay interns for the first time in recent memory, was announced by Vice President Harris and President Biden.

The President's Executive Office will benefit from this funding by offering paid internships. The White House Office and the Vice President's Office are both places where interns in the program will work.

Each year, the White House Internship Program brings together national leaders who want to give their time, energy, and experiences to serving the country through public service.

On the grounds of the White House, the Fall 2022 session will be held. To maintain a secure and healthy working environment, program leadership will keep an eye on the public health environment surrounding COVID-19 and adjust the program's strategy as needed. All interns will be required to verify their immunization record and adhere to any COVID-19 rules set forth by the White House.

President Biden and Vice President Harris have promised to build an administration that reflects America's diversity because they think that capable individuals from all backgrounds should have an equal chance to serve our nation. All those who are interested and meet the requirements are highly encouraged to apply. Each White House Internship Program class shows that dedication.

Several Noteworthy White House Interns

Huma AbedinTroy BlackwellJulian CastroMimi AlfordBrent BartonJaime Herrera BeutlerNeil CavutoBen CoesMisha CollinsRodney Mims Cook, Jr.Rod DembowskiMonique Dorsainvil

Paying White House interns is a significant accomplishment that will help remove obstacles to equal opportunity for low-income students and first-generation professionals at the beginning of their careers. It will also ensure that those who receive internship opportunities at the White House—and who will make up a significant portion of the federal government's leadership pipeline—reflect America's diversity.

This internship opportunity is not only a great way to start a new career, but it is also the ideal catalyst for doing something good for our nation. We are motivated to grow and reach new heights when we consider some famous interns. We get the impression that we have a strong support network behind us and our career.

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a customer contacts her registered representative to buy an otc stock. rather than buying the shares directly from a market maker, the broker-dealer contacts another broker-dealer and that firm buys the shares from a market maker. since this creates two levels of transaction fees, it is referred to as:

Answers

Another broker-dealer is contacted, and that company purchases the shares from a market maker. This is known as interpositioning since it results in two levels of transaction costs.

Interposition is the unlawful act of placing an extraneous third party, often another broker-dealer, between the client and the best price currently on the market with the express intent of earning additional fees at the expense of the consumer.

The act of putting a different broker-dealer between a customer and the best market is known as interposition. Interposition is not allowed unless it can be shown that the client got a better deal as a result.

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lucky started a new business last year. since it was the first year of operation, the business purchased $10,000 in machinery and used the straight-line method for depreciation. business is booming, so lucky purchased $15,000 in equipment during the current year to help meet production demands. which of the following statements is true regarding the depreciation choices available to lucky?

Answers

The new machinery can be depreciated under the same method or a different method than the previously purchased machinery.

In accountancy, depreciation is a term that refers to two aspects of the identical concept: first, the real decrease of truthful price of an asset, such as the lower in price of factory gadget each year as it's miles used and wear, and 2nd, the allocation in accounting statements of the unique cost of the belongings to durations wherein the property are used (depreciation with the matching precept). Depreciation is consequently the lower inside the fee of property and the technique used to reallocate, or "write down" the cost of a tangible asset (which includes equipment) over its beneficial existence span.

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if a stock's market price exceeds its intrinsic value as seen by the marginal investor, then the investor will sell the stock until its price has fallen to the level of the investor's estimate of the intrinsic value.

Answers

A stock is considered to be overvalued if its intrinsic value is much lower than its current market price.

What happens if a stock's intrinsic worth exceeds its market value?

1) When intrinsic value exceeds market price, it indicates that a company is undervalued and presents a buying opportunity to investors. 2) The stock is overvalued and is not a viable investment at the moment when Market Price exceeds Intrinsic Value.

What is the share market's intrinsic value?

A stock's intrinsic value represents its genuine worth. This is estimated based on the expected financial gain you would experience from it in the future. In other words, it is the highest price at which you may purchase the item without suffering a loss.

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inventory analysis a company reports the following: cost of goods sold $317,550 average inventory 63,510 determine (a) the inventory turnover and (

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Analysis of inventory in an organization states the following: Average inventory of 63,510 units and cost of goods sold of $317,550 yield an inventory turnover of 5 units.

What does a review of the inventory mean?

You can choose how many items to keep on hand to meet demand without incurring excessive storage expenses by employing inventory analysis. The items that a company eventually plans to sell to clients are represented by inventory, an asset on the balance sheet.

What is inventory turnover?

Inventory turnover is the rate at which inventory stock is purchased, used up, and replaced. The inventory turnover ratio is calculated by dividing the cost of the items by the average inventory for the same time period. Good sales are normally indicated by a higher ratio, whereas poor sales are typically indicated by a lower ratio.

The inventory turnover ratio can be calculated by:

inventory turnover ratio= COGS / Average inventory

We put numbers in the formula

COGS = $317,550

Average inventory = $63,510

Inventory turnover ratio = $317,550/ $63,510

Inventory turnover ratio = 5

Most of the time, a larger ratio indicates that more sales are coming from the inventory.

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in which of the following does a company not make significant changes to either the product or its positioning and​ communication? question content area bottom part 1 a. straight product extension b. promotion c. communication adaptation d. product invention e. product adaptation

Answers

In straight product extension a company not make significant changes to either the product or its positioning and​ communication.

A product extension is when a new item in the same product category uses the name of an existing product brand. Product line extensions are a procedure used by businesses with well-known brands to change certain aspects of a product or line of products in order to appeal to a more specialised market group. Vertical and horizontal product line expansions are the two different types. Horizontal extensions involve maintaining a product's pricing and quality while altering characteristics like flavour or colour to set it apart from competitors' offerings. To generate cheaper and more expensive goods, vertical expansions involve raising and lowering the quality and price. These product line expansions frequently share a lot of similarities with the current products in a brand's portfolio, but they target particular brand consumers in this way.

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Using the following accounts and a predetermined overhead rate of 130% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory Beginning WIP 35,200 Direct materials 55,300 Direct labor ? Factory overhead 2 To finished goods Ending WIP 25, 200 Finished Goods Inventory Beginning FG 5,200 Cost of Goods Mfg'd 203, 300 203,300 Multiple Choice $71,890 $138.000 $60,000 25,200 Ending WIP Finished Goods Inventory Beginning FG 5,200 Cost of Goods Mfg'd 203, 300 Multiple Choice $71,890. $138,000 $60,000 $78,000 $90,500

Answers

Total of direct labor and factory overhead using work in progress is            1,38,000

Cost of goods manufactured                                        20300
Less beginning WIP                                                         (35200)
Less Direct material                                                        (55300)
Add ending WIP                                                               25200

Total of direct labor and factory overhead              1,38,000


Note: We get cost of goods manufactured by adding beginning WIP ,direct labor, direct material and subtract ending WIP from it.

Work in progress- The terms "work in process," "work in progress," "goods in process," and "in-process inventory" all relate to the worth of a company's partially finished goods that are awaiting completion and potential sales. WIP is a vital input for computing inventory on a company's balance sheet and is utilized in supply chain management.

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if the economy is in equilibrium at y1 in panel (a) and the government increases spending, the result will likely be:________.

Answers

If the economy is in equilibrium at Y1 in panel (a) and the government increases spending, the result will likely be inflation.

Hence, option C is the correct answer.

One argument for this is that a rise in government spending might raise production costs. This would increase inflation as a result. The rise in inflation may lower the real interest rate as long as the Federal Reserve does not temper it with tighter monetary policy.

At equilibrium, total income and total expenditures are equal, with total expenditures being the sum of all four economic sectors or the total expenditures of the economy. Real GDP is at its potential output, the actual unemployment rate is equal to the natural rate of unemployment (roughly 6%), and the actual price level is equal to the anticipated price level if an economy is said to be in long-run equilibrium.

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NOTE: The given question is incomplete on the portal. Here is the complete question.

QUESTION: If the economy is in equilibrium at Y1 in panel (a) and the government increases spending, the result will likely be:

a) an increase in unemployment.

b) a decrease in interest rates.

c) inflation.

d) deflation.

Creating compelling visuals for presentations requires people to learn what new tools?.

Answers

Creating compelling visuals for presentations requires people to learn new tools such as templates, fonts, shapes, charts, graphs

Visuals of a presentation are all the graphics that are included in a presentation in order for a presentation to be made to look more understandable and reader-friendly.

Any data present inside the presentation is supported through pictures, charts, and graphics as visuals that are compelling. The font, writing styles and templates are chosen according to the theme of the presentation that will make the reader more compelled towards the slides of the presentation visuals.

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Shelby writes an essay for her economics class. She has carefully read several sources on the topic. She includes a references page with her essay but does not include citations in the text of her essay. What is this an example of?

Answers

Shelby does not cite sources within the body of her essay; instead, she includes a references page. A case of plagiarism is this.

What types of references are there?

There are numerous unique citation styles, but the majority of them follow one of the parenthetical, numerical, or note citations' three fundamental rules.

Which reference is used most frequently?

One of the most popular and widely used citation and referencing styles in the academic community is the Modern Language Association (MLA) style.

What policies apply to plagiarism?

A student may be suspended or expelled as a result of plagiarism accusations. The student might not be allowed to enroll in college after high school or from another college if the ethics violation is shown in their academic record.

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read the argument below and determine the underlying principle that was used to come to the conclusion presented: individuals who burn themselves by inappropriately using fireworks should not be allowed to receive free healthcare. that is an example of a self-inflicted injury. if an individual’s actions have caused the injury to themselves, they should have to make a financial contribution towards their treatment. which other argument uses the same underlying principle as the argument above?

Answers

If an individual’s actions have caused injury to themselves, they should have to make a financial contribution towards their treatment. Hence, option B is appropriate.

What is the Financial Contribution?

Contribution of money The word "financial contribution" refers to I the direct transfer of money, such as grants, loans, as well as equity infusions; (ii) the prospective direct transfer of money or liabilities, including such loan guarantees; and (iii) the aforementioned or failure to collect money owed that would otherwise be due.

A monetary payment of any value made from a board member's officeholder account or personal finances is referred to as a "financial contribution."

Hence, option B is correct.

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a car salesperson marks up the price of a car by 25%. that new price is then marked up again 10%. the car originally cost $10,000. what will the final price of the car be?

Answers

The final price of the car will be $13,750.

What is percentage increase?

A percentage increase is the difference between the final value and the starting value, expressed as a percentage. The initial value and the increased (new) value are required in order to calculate the percentage.

The quantity's change in relation to its starting point is indicated by the percentage increase. If the % change is positive, it is an increase in percentage, and if it is negative, it is a decrease in percentage.

The original price of the car is $10,000.

After 25% increase the price is x.

x=0.25*10,000+10,000

x=2500+10,000

x=12,500

After 10% increase in the x, we get

y=0.1*12500+12500

y=1250+12500

y=13750

Therefore, $13,750 is the final price of the car if the original price is $10,000.

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what is one of the difficulties that emerges when the government uses price regulation? this can sometimes compromise .

Answers

A surplus of supply results from the higher price regulation discouraging consumers from purchasing agricultural products.

What does price regulation entail?

The practice of setting prices by a regulatory body, legal statute, or governmental organization is known as price regulation. Pricing can be set at a minimum and/or maximum according to this policy.

What kind of pricing regulation does the government use?

A price control strategy is the setting of a lower or higher selling price cap for particular goods and services. In other words, the maximum and minimum prices for goods and services are determined by the government.

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derek bought a pick-up truck to transport his equipment to fishing tournaments. he also bought a pick-up for his lawn maintenance business. his purchases were:

Answers

In a situation wherein Derek bought a pickup truck to transport his equipment to fishing tournaments, and a trailer for his lawn maintenance business, then his purchases were B2C and B2B, respectively.

B2C and B2B are the two types of business transactions performed by a business firm in order to operate the marketing and selling of its goods. Buying a pick-up truck for transport of equipment is a B2C, i.e., Business-To-Consumer transaction, and the purchase of lawn maintenance business is a Business-to-Business, or simply a B2B transaction.

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what is one of the reasons noted in our textbook that print versions of employee publications will continue to be used?

Answers

Many readers adore the feel of print versions of books as a physical object. You can feel the paper, turn the pages, and hold it.

What benefits do printed books offer?

1. More information is taken in. 2. Additionally, they aid kids in improving their reading skills. 3. They are simpler on the eyes. 4. You are less inclined to become sidetracked. 5. You may get better sleep thanks to these. 6. Home libraries are associated with better academic performance. 7. They increase the enjoyment of reading.

Why are physical books superior to e-books?

Numerous studies have shown that physical books are preferable to eBooks for improving reading comprehension. Younger readers might read more quickly on an eReader, but real books are typically preferred because of their pace and the possible distractions of links, scrolling, and adverts.

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Amos always felt that it was unfair that society created artificial divisions that discouraged him from having friends from different social structures.Which of the following terms describes the process that Amos is having difficulty with?
A) Reference group affiliation
B) Bias
C) Social anxiety
D) Social stratification

Answers

Amos always felt that society created unfair artificial divisions that discouraged him from having friends from different social structures. Amos is having difficulty with social stratification.

Social stratification refers to the organization in societies based on criteria such as education, income, wealth, power, caste, and family background. In some social stratification, it is easy to move upward but societies with low vertical mobility have rigid social stratification that binds one to a particular identity for a lifetime.

Social stratification often provides greater opportunities to access scarce resources to those at the top of the hierarchy. On the contrary, those at the bottom of the hierarchy struggle even for basic needs. Amos is having difficulty with social stratification as it is not socially acceptable to be friends with someone lower in the social hierarchy.

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you are giving a presentation on accounting at a local business. you’re expecting your audience to be uninterested in your topic because most of the attendees are required to be there and are not interested in accounting. what supporting materials will help you keep the audience’s attention?

Answers

Based on presentation strategies and communication skills, given the situation described in the question, the supporting materials that will help you keep the audience’s attention are "Humor, Cartoons, and Colorful Visuals."

What are Presentation Strategies?

Presentation Strategy is a term that is used to describe the techniques or methods used by the presenter of lectures or keynotes, to ensure the message being delivered is grabbed and digested by the targeted audience.

The purpose of the presentation strategy is to deliver an effective message that will ginger and call the targeted audience to action in their mind.

Some of the presentation strategies are:Making a good preparation Stay practical in the message deliveryMake the message personalAdd colorful imageryEnsure there relatable objects like cartoons of humansAdd humor to message delivery in a potent wayShare your passion as you deliver messages, etc.

Hence, in this case, it is concluded that the correct answer is "Humor, Cartoons, and Colorful Visuals."

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bills for rent, heat, interest, and executive salaries, regardless of company output are examples of

Answers

Answer: Necessary expenses.

After calculating its dollar cost of forward hedging, Mullen is now considering a money market hedge on the 300,000 pound payable. In particular, Mullen can earn 5.00% over the next year by depositing pounds in a British bank today. Suppose that the spot rate for the pound today is $1.18.
In order to have 300,000 euros in one year, Mullen would only need to deposit approximately ______ pounds. In order to get that amount of pounds, assuming a spot rate for the pound of $1.18, Mullen would only need approximately _______.
Mullen does not wish to use its own cash balances for this hedge, so it will need to borrow dollars at a rate of 8.00%.
If Mullen borrows these dollars, it will need to repay approximately _______.
1st blank options:
a.) 228,571.43
b.) 257,142.86
c.) 285,715.29
d.) 200,000
blank 2 options:
a.)$269,714.29
b.)$370,857.15
c.)$337,142.86
d.)$303,428.57
Blank 3 options:
a.)$254,880.00
b.)$364,114.29
c.)$473,348.58
d.)436,937.15

Answers

In this case, Mullen Co. would want to credit score about 200,000 pounds1+5.00%=190,476.19 pounds200,000 pounds. If Mullen is to make this credit score today, it will want about 190,476.19 pounds.

What is "hedging"?

You can construct a hedge by using buying any other asset or through closing out a short role on one. Purchasing an asset transfers threat to the customer in a similar way to exercising an option. Short promoting is a more direct way to implement a hedge.

How does hedging work?

To hedge is to take the opposite function in a securities or investment to counteract the charge danger of an present keeping in the realm of finance. Therefore, a trade that is made with the aim of lowering the threat of destructive modifications in the price of every other asset is referred to as a hedge.

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darren notices that many people viewed specific products on his website without purchasing them. he creates a display ad to drive sales of those exact products. which option will best suit darren's marketing goal?

Answers

Darren notices that many people viewed specific products on his website without purchasing them. He creates a display ad to drive sales of those exact products. Dynamic Remarketing will best suit Darren's marketing goal.

What is Dynamic Remarketing?

You can remarket to customers who have already visited your website or downloaded a mobile app. The superior form of traditional remarketing is dynamic remarketing, which enables you to display advertisements to prior visitors that include the goods and services they looked at on your website.

You can remarket to customers who have already visited your website or downloaded a mobile app. With the help of dynamic remarketing, you can go one step further by displaying adverts to past visitors that feature the goods and services they looked at on your website. By inviting prior visitors back to your site to finish what they started, dynamic remarketing assists you in generating leads and sales by sending messaging customized to your target.

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match the items to the appropriate balanced scorecard category. group of answer choices prevention [ choose ] appraisal [ choose ] internal failure [ choose ] external failure [ choose ]

Answers

1. Prevention cost - These costs are incurred in order to avoid quality problems through planning to maintain the quality before the actual production.

2. Appraisal cost - This relates to cost incurred to measure and monitor the quality associated with products, materials and products.

3. Internal failure cost - Cost incurred to rework the defects which are discovered before the products are delivered to the customers.

4. External failure cost - Cost incurred to rework the defects which are discovered after the products are delivered to the customers.

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a store has the following demand figures for the last four years: year demand 1 100 2 150 3 98 4 112 with a three-year moving average, what is the demand forecast for year 4?

Answers

The demand forecast for year 4, given the three-year moving average for the store, would be 120

How to find the demand forecast?

When finding the demand forecast for a company's activities in a year, by using the moving average method, you find the average of the activities in the number of years required by the moving average.

With a three-year moving average, you find the average of the demand figures from the previous 3 years which would be :

= ( 112 + 98 + 150 ) / 3 years

= 360 / 3

= 120

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