Explain two different forecasting techniques

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Among the available sources of capital, decide and explain which are the most and least attractive for your business idea for this course. Discuss which one you think you will actually seek and why

An analyst must decide between two different forecastingtechniques for weekly sales of roller blades: a linear trendequation and the naive approach. the linear trend equation isFt = 147 + 1.8t, and it was developed using data fromperiods 1 through 10. Based on data for periods 11 through 20as shown in the table, which of these two methods has the greater accuracy?

11 147
12 149
13 151
14 142
15 154
16 151
17 154
18 155
19 161
20 163

a local hospital declares that it is committed to provide care to patients arriving at the emergency unit in less than 15 minutes and that it will never turn away patients who need to be hospitalized for further medical care. what implications does this commitment have for strategic operations management decisions (i.e., decisions relating to capacity and workforce)?

 

Reference no: EM1393514

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