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A company uses simple exponential smoothing with alpha = 0.1 to forecast demand for boxes of rubber gloves. The forecast for this week was 237 boxes and the actual demand was 205. a) What is your forecast for the next week? b) What is your forecast for three weeks from now? c) If the cumulative sum of the forecast errors before this week was 23 and the estimate of the mean absolute deviation was 10.6, do you feel that forecasting system is doing a good job? Explain.
The BackPack Company produces a line of backpacks. The manager, Jill Nicholas, has decided that the BackPack Company must have very good customer service.
Explain the concepts of empowerment, self-managed teams, and cross-functional teams, and develop an essay that argues for their inclusion in either a tall or flat organizational structure.
As more and more data are collected, stored, processed, and disseminated by organizations, new and innovative ways to manage them must be developed. Discuss how the data resource management methods of today will need to evolve as more types of data e..
Manager's Ethical Dilemma You are the manager of a factory of the Make-It Company. You have 5,000 parts that must be shipped by Friday at 5:00 p.m. Things have been on schedule, making 1000 parts per day, but you have just been alerted on Thursday af..
A customer who is not satisfied at your store does not wait and simply drives down the street to a competitor.
One night, a sheriff’s department helicopter lands a SWAT team in the yard of a rural residence suspected of containing a methamphetamine lab. After the raiding party disembarked, and as the pilot was turning the aircraft in a hover to depart, the he..
What is James Wilsons leadership style and traits? What made him different from other founding fathers? Was he a change agent? If so, how did he help their followers through change? What type of power did james wilson possess?
GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units.
‘A well-managed company will spot the signs that it needs to develop a customer retention strategy.’ Explain the events, indicators or measures that would suggest that it is timely to develop such a strategy.
A buldozer has a purchase cost of $200,000 and is expected to last 15 years with no salvage value. Estimated annual receipts are $40,500, estimated annual average disbursement are $20,900. Compute the rate of return on ownership of this crane.
A new company claims it manufactures the best dog food in the market. It employs around 250 people worldwide. After six months in business, one of the company's brands is found to contain harmful bacteria.
Analyze the decision to terminate a project often as much an emotional one as an intellectual one. Explain why many projects end up terminated as a result of ego, power, and politics in this form of project termination; please be especific and add re..
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