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American manufacturing has been maintaining stable employment (less than 10% of total workforce in the U.S.). So majority of people will be working in non manufacturing sector.
Even so discuss:
1. Discuss American manufacturing competitiveness compared to other nations (Germany, China, Japan, & South Korea).
2. Strategic importance of manufacturing for U.S. good economic standing and overall standards of living.
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Plot the monthly sales data. Forecast January sales using each of the following: Naive method. A 3-month moving average. A 6-month weighted average using .1, .1, .1, .2, .2, and .3, with the heaviest weights applied to the most recent months. Exponen..
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