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1. Develop a quantitative forecast model for Jacob. Which modeling technique did you choose, and why? What are the assumptions behind your model?
2. According to your model, when will Top-Slice need to have the expanded work cell up and running? What are the implications for when Jacob should start the expansion effort?
3. Now suppose that over lunch the marketing vice president says to Jacob: We're feeling a lot of heat from Chinese manufacturers who are offering very similar clubs to ours, but at significantly lower prices.
The legal department is working on a patent infringement case, but if we can't block these clubs from entering the market, I expect to see our sales flatten, and maybe even fall, over the rest of the year. What questions should Jacob ask?
How would the answers to these questions affect the forecast? Does it still make sense to use quantitative forecasting under these circumstances? Why?
How would you handle scope creep? Where do you draw the line or when do you agree to make the changes? If you make the changes, what is the procedure?
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Submit a bullet list of four data collection methods-two qualitative and two quantitative
Barney’s Boston Bagel‘n Bun Bakery is looking into a new type of bag tie (Tie N) that will better seal, and more importantly, better reseal the company’s bagels after they have been taken home. In addition to the cost of the new ties (Tie N), How muc..
A successful trainer needs to effectively engage various types of trainees and adapt quickly in the learning environment to meet their needs.
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You are sole proprietor of a small local business called Wealth Works, employing approximately 200 residents of your rural city two hundred miles from Detroit?
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