Provide more than adequate refreshment for the party

Assignment Help Operation Management
Reference no: EM132194925

A 100 people are invited to a party and a six pack per person is the forecast demand to provide more than adequate refreshment for the party. the 600 cans of beer was expected to last 3 hours but the boys from lambda were much theristier than anyone expected. The beer lasted one hour and another 600 cans were purchased.

What would the forecaste error be?

Reference no: EM132194925

Questions Cloud

Relationship between employee compensation packages : Consider the relationship between employee compensation packages and productivity in your current or previous organization.
Forces can be used to determine profitability in industry : Describe how the five forces can be used to determine the profitability in an industry.
Explicitly lay out the foundations of your own ethics : Explicitly Lay Out the Foundations of Your Own Ethics. What is MAD ( Mean Absolute Deviation) and how can it be calculated?
Electronics produces tablet computer accessories : Roedel Electronics produces tablet computer accessories, including integrated keyboard tablet stands that connect a keyboard to tablet device
Provide more than adequate refreshment for the party : A 100 people are invited to a party and a six pack per person is the forecast demand to provide more than adequate refreshment for the party.
Marketing planning framework in design of marketing strategy : Warm Delight. Company is looking to grow this brand in terms of product line and brand extensions.
Large enough to warrant dealing directly with the paper mill : STAR Co. provides paper to smaller companies whose volumes are not large enough to warrant dealing directly with the paper mill.
Six systematic flaws in how humans think about risk : What are the Six Systematic Flaws in How Humans Think about Risk
What legal problems do bert and ernie have potentially : What legal problems do Bert and Ernie have potentially?

Reviews

Write a Review

Operation Management Questions & Answers

  Utilization is expected to drop

You are the CEO for a radiology imagining center that has seen a 10 percent drop in utilization over the past year. Utilization is expected to drop another 10 percent for each of the next two years, but in the third year your forecasted demand will i..

  Strategy in the relevant geographies and market segments

Identify how these relationships affected Tesla Motor’s strategy in the relevant geographies and market segments.

  Describe the steps and activities involved in benchmarking

Use Verizon cell phone service as an example and describe the steps and activities involved in benchmarking. Be sure to indicate which type of benchmarking would be most appropriate and why, as well as whom they should benchmark against and what they..

  One of the foremost trends in management involves

One of the foremost trends in management involves using __________ to streamline operations and reduce staff in order to lower costs and raise productivity

  Child learns about social and consumer behavior

When a child learns about social and consumer behavior by observing his/her parents and/or older siblings, it is an example of

  Planning to provide flu shots for the upcoming flu season

You’re working at a local hospital and have been given the task of planning to provide flu shots for the upcoming flu season.

  Define problem recognition

Define problem recognition. How is this process like translating text from one language into another? What role does “probing” play in this process?

  Dedicated to supporting qualitative research

Identify and describe at least two resources available online that are dedicated to supporting qualitative research.

  Why do human beings resist change

Why do human beings resist change? What are some ways that people resist change in organizations? Are there benefits to organizational resistance?

  Employment discrimination and independent contractors

Employment discrimination, Independent contractors, Negligent hiring, Employee use of social media.

  Size of the condominium development it should build

Florida, recently purchased land near the Gulf of Mexico and is attempting to determine the size of the condominium development it should build

  Describe challenges inherent in implementing kind of changes

Identify the types of organizational values and norms that are likely to be found in the low-cost Art Depot stores prior to their acquisition by Creative Colors. Then, identify the types of organizational values and norms that would encourage empl..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd