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A company uses simple exponential smoothing with α = 0.1 to forecast demand for boxes of rubber gloves. The forecast for this week was 237 boxes and the actual demand was 205.
a) What is your forecast for the next week?
b) What is your forecast for three weeks from now?
c) If the cumulative sum of the forecast errors before this week was 23 and the estimate of the mean absolute deviation was 10.6, do you feel that forecasting system is doing a good job? Explain.
Security in the workplace continues to remain a high priority for organizations, especially in light of increases in workplace violence. Conduct appropriate research to identify what are the main or most common types of workplace violence
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Gasoline "prices at the pump" go up and down and Oil "costs per barrel" go up or down, but they do so at different rates and even in opposite directions sometimes.
Could you assist me with my initial response to the following discussion questions and competing Through Technology: Connectiveness Enhances HR Practices
briefly explain how to solve them. From your research on information technology security and the concepts presented,
Suppose the quantity demanded of ski boats falls from 4.0 million to 3.0 million. What's the percentage change in quantity demanded using the midpoint formula?
1. Watch two orthopedic surgeries on www.ORlive.com and write a two - three page description of the disease being treated, the surgical procedure performed and any unique biomedical devices utilized during the procedure. Ps note (1-2 pages for ea..
1. Why do economists use real GDP rather than nominal GDP to gauge economic well-being? Define the GDP deflator. 2. What is the CPI? Which do you think has a greater effect on the consumer price index: a 10 percent increase in the price of chicken,..
importance of eliminating wait timeseveryone hates to wait to receive their service or product. from waiting in line at
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