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The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customers will buy their carpet from one of Carpet City's many competitors. The manager has collected the following demand data for the past eight months.Month Demand for Soft Shag Carpet (1,000 yd)1 82 123 74 95 156 117 108 12a) Compute a three-month moving average forecast for months 4 through 9b) Compute a weighted three-month moving average forecast for months 4 through 9 Assign weights of .55, .33, and .12 to the months in sequence, starting with the most recent month.c) Compare the two forecasts using MAD (mean absolute deviation). Which forecast appears to be more accurate?
Find a business or organization, preferably one where you are working used to work, or know an employee or owner. (You can use anything such as retail or finance departments)
Discuss what do you think that most managers in real life use a contingency approach to increase ir leadership effectiveness.
I need help creating a mission and vision statement for my business. The business that I picked to create for this paper is called Amy's Puppy Hotel.
Compute forecast for 11th month using Exponential Smoothing Method in case smoothing component, α=0.20. illustrate what is probability which both are defective.
these warranties typically require the owner to maintain the car regularly and keep good records of their maintenance
Charlie Jones, a fireman for Boulder County, Colorado, saw an ad for the vacation of his dreams in the local, "Boulder County Gazette." The ad read, "Seven days at the wonderful luxury Windell resort
What role do the measurements of unemployment and inflation have on the management of an organization?
Compare and contrast the following methods of job evaluation, and include examples that are not the same as in the textbook to demonstrate understanding
Clearly identify all the necessary activities and associated activities you'll have to carry out in order to ensure smooth delivery.
Currently manager orders once a month. Explain how much could industry save annually in ordering and carrying costs by using EOQ.
How do we remain objective in evaluating employee performance? How do we objectively evaluate subjective skills such as communication and performance?
f the flight is overbooked, the airline has a policy of getting the consumer on the next available flight also giving the person a free round-trip ticket on a future flight. The cost of this free round-trip ticket averages $263.
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