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The manager of a gas station wish to forcast the demand of gas for the month of december. Following is the demand for the last 4 months. Demand 650 500 675 525 December?
A. Forcast the demand for the month of december using a three month moving average.
B. Forcasting the demand for the month of december using exponential smoothing with a=0.6.
Construct a time series plot. What type of pattern exists in the data? Discuss some of the factors that may have resulted in the pattern exhibited in the time series plot for this time series.
It has been said that communication controls, motivates, provides release, and facilitates decision-making. What happens in an organization when communication is limited? How does downward and upward communication affect the functions mentioned above..
Review the Terminal Course Objectives, accessed by clicking on the “Course Information” tab at the top of your screen, scrolling down to the “Course Objectives” and then selecting View class objectives. How will accomplishing these objectives support..
Identify and describe four conditions which, if one or more is present, dictate that competitive bidding not be employed.
Explain how many DVDs should Blockbuster order. Illustrate what is its expected profit. Illustrate what is the profit that the studio makes given Blockbuster's actions.
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,500 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. Determine the economic order qu..
If the project schedule is relaxed or lengthened, what is the impact on quality?
How does the market-driven approach illustrate that HR has strategic, operational, and administrative roles at SYSCO?
assume now that CarWash had been using the regression model in forecasting. What would you conclude about its performance? Show details for updated MAD calculations
What kinds of "gatekeepers" in the organization might be especially helpful to you in your position as a department supervisor?
Congress passed the federal Occupational Safety and Health Act (OSHA) in 1970 which established job safety standards. Nebraska then passed its own statute, which had slightly more lenient standards. Nebraska employers are only held to the state stand..
The litigious climate in which PR professionals work means that any case, civil or criminal, can draw media attention. Normal involvement with law for PR professionals falls into three general areas: What would the legal environment of a global PR pr..
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