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Steve's Steak House uses exponential smoothing with trend (alpha = .10 and beta = .40) to forecast its weekly demand for chopped steak in the metro area. Average sales have been 1000 steaks per week, and the recent trend has been an increase of 20 steaks per week. Actual demand last week was for 1040 steaks. What should the forecast be for this week.
What would be the ultimate consumer or organizational buying motives for the product or service?
Suppose you are a corporate buyer. What is the standard deviation of demand during lead time?
Vincent’s barbershop. Vincent’s barbershop is very modest in size. It consists of a single barber’s chair where Vincent serves his customers and two other chairs for waiting customers. Prospective customers arrive at the barbershop in a Poisson manne..
Select an organization with which you are familiar and describe the type of compensation strategy it uses.
Sigmund Freud talked about the unconscious mind, where nasty thoughts, feelings and impulses are shoved by the mind to protect the person from knowing about them. This reduced anxiety and kept the person more comfortable. An example of this is when a..
Do a little research and offer some brief comments on your perspectives on the implication of a trade war.
What you feel an organization can do to make sure that people they hire are both in control and capable of doing the job? Companies are only good problem solvers if they have people with good problem solving skills. Do you feel you are a good problem..
How can the union utilize these strengths to satisfy their goals? Have management strengths become stronger / weaker?
Using your knowledge of technical security programs, give what you consider to be best example of a situation where you found solution to a practical problem.
Corporate leaders often encounter cynicism from employees when leaders announce that they are presenting a "new" mission or vision statement for the corporation.
A major application of data mining in marketing is determining the attrition of customers.
What are examples of orientation experiences you have had as a new hire that have been particularly effective (or ineffective) in helping to make the person/job match happen? What is the cost/benefit impact of orientation, relative to the entire sele..
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