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Forecasting is important relative to capacity requirements planning. Discuss the merits of using judgment methods (i.e., qualitative data) in contrast to quantitative forecasting methods. Which methods do you consider to be superior or more accurate? In what forecast situations would you use judgment methods? In what situations would you use a quantitative approach to forecasting? Provide examples for each method.
The Minute Stop Market has one pump for gasoline, which can service 10 customers per hour (Poisson distributed). Cars arrive at the pump at a rate of 5 per hour (Poisson distributed).
describe how much did pro Cube improve Snyder's systems. Which management, organizational also technology issues did it address? Describe how does it give value.
Describe the employer-sponsored sales process? What is the goal of this process once it is completed? Why is accreditation important?
What is the difference between an AND criterion and an OR criterion? How is each criterion created in QBE?
Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business that is up for sale.
Annual demand is 37,500 pies per year. What production run size should be used?
A manufacturer and an internationally based mass merchandiser
a mail-order house uses 18000 boxes a year. carrying costs are 60 cents per box a year and ordering costs are 96. the
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recomme..
Hiring a new person turns out to be very expensive, so Susan decided not to hire her. Instead, Susan decided to cross-train all the 4 current workers. After cross training, each worker can work on all the 4 stages. What is the capacity of Susan's ..
which of the following is not a reason that time standards are necessary?
1 discuss factors about the corporate culture that were at play and suggest central reasons why the executive staff
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