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1. The historical sales for a certain model of a single serve coffee maker at a specialty cookware store in units is: January, 27; February, 22; March, 20; April, 23; May, 18, and June, 25. Use single exponential smoothing with α = 0.2, and compute the exponential smoothing forecasts for February through June. Do not round intermediate calculations. Round your answers to two decimal places.
2. In regard to hospitals having a policy in place when the distribution of medication is incorrect, what laws are applied? Is there a law that states hospitals must record medication errors? If so, what law is it?
3. Do you think the EEO laws go far enough in protecting the various groups (e.g., women, minorities, people with disabilities, etc.)?
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Due to a recent increase in business, a law firm secretary must now word-process an average of 20 letters a day (assume a Poisson distribution). Assume a second secretary is hired that type at the same rate as the first one. What is the probability t..
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