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Maggie and Danny are having a demand forecasting contest. For the past twelve months, each has been using a no-trend exponential smoothing with alpha = 0.2, but Danny has been calculating his forecasts monthly, whereas Maggie updates weekly. Three months ago, there was a substantial drop in sales demand. Prior to that time there had been fluctuations around an average of 200 per week but now it seems to be nearer 100. Who is more likely to have an accurate sales forecast, given the recent drop? Why?
In addition to importing and exporting, there are other attractive ways for companies to enter international markets.
what is the failure rate if all new businesses? what us the failure rate of all new franchises?
What is scope creep and why should a project manager be concerned about it?b Identify and briefly describe the five most common classifications for the way that projects end.
The common conversation amongst healthcare professionals is of the ever-increasing cost of voluntary health insurance.
How does vertical integration and diversification impact an company’s organizational structure and activity?
Describe the steps in the project risk management process and specify the methods that will be used to identify, analyze, and control project risks.
With the evolution of management and the globalization of business, new approaches include the broad skills needed by managers.
what is the implied cost of shortage, given the actual order size? What might be a reason for this difference in shortage costs? ($2.39)
Define what is meant by the term “team” and describe some of the characteristics that are indicative of a successful team.
The role of operations management is to transform organizational inputs into outputs. Which of the following is an INPUT for this transformation?
Ethics must be based more on a process than on a static code. What does this statement mean? Do you agree? Why or why not? Identify two analytical tools used to process data collection. How are they processed through organizational information system..
Why did the multidivisional structure based on product groups improve management effectiveness?
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