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The don’t drink and drive mountain bike deal in the spokane area wants to be able to forecast accurately the demand for the don’t drink and drive 2120VT bike. From sales records the dealer has accumulated the following data for the past five years. 2011=3400 sales 2012=4000 sales 2013=5000 sales 2014=6800 sales 2015=5100 sales A. Using linear regression, the slope of this time series of data is 620 and the intercept is 3000. Based on linear regression, what would the forecasts be for 2011-2015? B. Develop exponential smoothing forecasts for 2013, 14, and 2015 with a smoothing constant of .22. To initialize the process you may assume that the forecast for 2011 was 2800. C. Calculate the MAD covering 2013-2015 for linear regression forecast and exponential smoothing forecast. Which forecasting method appears to be better for the dealers data? Why?
Suppose we are ordering computer chips. Suppose that in each order, exactly 10% of all chips are defective. As soon as the order arrives, we ?nd out which chips are defective and return them for a complete refund
Annie is most interested in reducing the time associated with creating the guest list. What is the crash cost per hour for that activity?
Analyze the pros and cons of the different health care compensation approaches and philosophies and determine which is the best for the industry overall. Explain your rationale.
Portfolio, program, and projects; what are they, how do they differ, and what is their relationship to the corporate strategy? how do you figure out cost of sales percentage?
Using the business mission, vision and values, innovation in the worlds apart hotel should be formulated so as to make sure its goals and objectives are defined. Innovation is a universal method focused to create growth strategies to the hotel.
The pressure in avessel containing methane and water at 70 degree centgrade is 10 atm. At the given temperature, the henry's law constant for methane
Your competitor's cost of equipment maintenance and of scrap (goods that do not meet quality standards and must be discarded) is .5% lower than yours. The engineers have repeatedly found from thorough analysis that the fact that you've been in bus..
What are the major components of a strategic management process? Which component is most difficult for managers to perform? Explain your answer.
Closure of Seattle-based saving and loan association Washington Mutual (WaMu) was by far the biggest bank failure in the history of the United States.
Describe what happens with likelihood of a risk event occurring also cost of fixing risk event as a project proceeds through its life cycle.
The Athletic Department at State University has created numerous logos and designs for use in its merchandising program. For each logo and design, State University Athletics has sought and received federal trademark registration.
Identify and examine the internal external customer demands placed on this company's centralized procurement along with this company's expectations placed on its suppliers through procurement strategy. Assesses how these expectations influence an..
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