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Sales of music stands at Johnny Ho's music store in Columbus Ohio, over the past 10 weeks are shown in the table below.
a. Forcast demand for each week, including week 10 using exponential smoothing with a= 5 (initial forescast = 20).
Week Demand Week Demand1 20 6 292 21 7 363 28 8 224 37 9 255 25 10 28
b. Compute the MAD.
c. Compute the tracking signal.
Annual cost of carrying a pound of cheese in a refrigerated storage area is $12. Determine optimal order size also minimum annual total inventory cost.
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Which of the following statements is true?
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What potential cost saving advantages might firms experience using outsourcing?
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