Acomparable property sold 3 months ago for $162,000. the market shows appropriate adjustments to be: market conditions adjustment +$8,500 location adjustment +$5,000 quality adjustment -$10,000. what is the indicated net adjustment to the comparable property?

+$3,500

Explanation:

The net adjustment is the sum of the indicated adjustments that have to be made to a comparable property to get the final adjusted price.

In this question, Net adjustment = Market conditions adjustment +Location adjustment + Quality Adjustment

Net adjustment = +$8,500 + $5,000 + (-$10,000)

Net adjustment = +$13,500 - $10,000 = +$3,500

The final adjusted price will be $165,500 ($162,000 + $3,500)

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.