Which of the following best explains what a futures contract is? A. A contract limiting the future liability of one set of partners if a
business fails.
B. A contract setting the price for the exchange of two foreign
currencies.
C. A contract setting the price and date for a commodity purchase.
D. A contract preventing the future sale or exchange of a particular
good.

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.

answermarginal cost;

answer$22,000 ;

answermarket demand;