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    Budgeting 1 Ca

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    AGBA NJI THOMAS
    This document provides information for a continuous assessment exam in forecasting and budgeting. Question 1 asks students to analyze quarterly sales data from 2016 to 2019 to generate a new series using mobile totals. Students are then asked to determine the adjustment line equation for this new series using the Mayer and extreme point methods and forecast 2020 quarterly sales using Mayer's method. Question 2 provides production information for two products, bread and cake, across three workshops. Students are asked to determine the objective function that maximizes profit, list the constraint equations, and graph the constraints to determine the optimum production quantities.

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    Budgeting 1 Ca

    Uploaded by

    AGBA NJI THOMAS
    37 views2 pages
    This document provides information for a continuous assessment exam in forecasting and budgeting. Question 1 asks students to analyze quarterly sales data from 2016 to 2019 to generate a new series using mobile totals. Students are then asked to determine the adjustment line equation for this new series using the Mayer and extreme point methods and forecast 2020 quarterly sales using Mayer's method. Question 2 provides production information for two products, bread and cake, across three workshops. Students are asked to determine the objective function that maximizes profit, list the constraint equations, and graph the constraints to determine the optimum production quantities.

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    BUDGETING 1 CA

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    This document provides information for a continuous assessment exam in forecasting and budgeting. Question 1 asks students to analyze quarterly sales data from 2016 to 2019 to generate a new series using mobile totals. Students are then asked to determine the adjustment line equation for this new series using the Mayer and extreme point methods and forecast 2020 quarterly sales using Mayer's method. Question 2 provides production information for two products, bread and cake, across three workshops. Students are asked to determine the objective function that maximizes profit, list the constraint equations, and graph the constraints to determine the optimum production quantities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    37 views2 pages

    Budgeting 1 Ca

    Uploaded by

    AGBA NJI THOMAS
    This document provides information for a continuous assessment exam in forecasting and budgeting. Question 1 asks students to analyze quarterly sales data from 2016 to 2019 to generate a new series using mobile totals. Students are then asked to determine the adjustment line equation for this new series using the Mayer and extreme point methods and forecast 2020 quarterly sales using Mayer's method. Question 2 provides production information for two products, bread and cake, across three workshops. Students are asked to determine the objective function that maximizes profit, list the constraint equations, and graph the constraints to determine the optimum production quantities.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    TRIUMPH HIGHER INSTITUTE OF BIOMEDICALS, ENGINEERING,

    EDUCATION AND MANAGEMENT SCIENCES

    (THIOBEEMS)
    “The Cornerstone For Emerging Technologies”
    Aut. N°20-0814/LM/MINESUP/SG/DDS/ESUP/SDA/MM of 29/03/2020

    Tel: (+237) 67613 6221, 679219396, 682778250

    www.thiopextpolytechnic.com
    FIRST SEMESTER CONTINUOUS ASSESSMENT 2022/2023 ACADEMIC
    YEAR

    COURSE NAME: FORCASTING AND BUDGETING 1


    SPECIALTY/OPTION: ACCT LEVEL 2

    NATURE OF PAPER: WRIITEN TYPE


    DURATION: 1H 30M
    COURSE MASTER: MR. AGBA NJI THOMAS
    CANDIDATE’S
    NAME:…………………………………………………………………………

    QUESTION 1

    The quarterly sales of Awa and SONS enterprise for the past three years is presented as follows
    in the table below.
    2016 2017 2019
    Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
    50 43 20 26 34 72 85 39 20 34 72 76

    WORK REQUIRED
    1. Calculate the mobile total to give a general tendency to this series and bring out the new
    series 2marks
    2. Determine the equation of the line of adjustment of this new series using
    a. The Mayer method 5marks
    b. The extreme point method 5marks
    3. Make a forecast of the quarterly sales for 2020 using the Mayer method 5marks
    QUESTION 2
    Eman company produces two types of products called Bread and Cake which passes through 3
    workshops: mixing workshop, baking workshop and packaging workshop.
    The time spent by each product in the various workshop and the daily capacity of these
    workshops are summarized on the following table.
    workshops Bread Cake Daily capacity
    mixing 2.5minutes 4minutes 400minutes
    baking 5minutes 5minutes 550minutes
    packaging 1.5minutes 1minutes 140minutes

    Sales records shows that the maximum quantity of bread to be sold is 84 unites and cake is 95
    unites per day.
    The profit realized on a unit of bread sold is 40f and on a unit of cake sold is 30f Work
    required
    1. Determine the objective function 2marks
    2. Present the constraints or limiting factors 3marks
    3. Represent the constraints on the graph and determine the optimum solution 8marks

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