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In section 2.1 you read about how we can model certain situations using linear equations. In particular, example 8 shows how you can create an equation to predict sales of a company. Pick a company whose sales you want to model and predit. Look up their sales information and pick 2 years of data. Using that information, create a linear equation that can be used to perdicit the sales of the company. Once you have your equation, predict the sales 2 years from now. Make sure you include in your post the links where you found the relevent information. Clearly show your work. This includes naming the company, sharing the ordered pairs, defining variables, finding the slope, determining the equation, and then using that equation to predict. When replying to your classmate, consider the company that they chose. How does the growth ( or shrink)of the company compare with the comapny you chose? Do you think that equation will be accurate 5 years from now? Why or why not?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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