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the number of girls who attend a summer basketball camp has been recorded for the seven years the camp has been offered. Use exponential smoothing with a smoothing constant of .8 to forecast attendance for the eight year. 57,78,75,102,108,131,164
GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units.
The branch manager wants to improve the service and suggests dispatching buses every 0.5 minutes. She argues that this will reduce the average traveling time (a round trip) to 2.5 minutes . Is she correct? If your answer is negative, then what wil..
Process Layout, Product Layout, Fixed position Layout, shaping of business policy, key objective of the operations manager, managing both demand and capacity
In service industries that require extensive knowledge and training on the part of the service provider (e.g. medicine), which is the least viable way of dealing with demand variability and perishable capacity?
Calculate a service level for each of the above airlines. Marketing expenses for each quarter are known in advance, and could be used to improve forecasting performance with respect to the number of subscribers.
Using the internet, identify an organization that was faced with a problem and needed to communicate how it was going to deal with that problem to various audiences
Talbot estimates the cost to place an order is $50 also the holding cost for each assembly is $20 per yr. The organization operates 250 days per yr. Illustrate what is the economic order quantity for the XO-01.
Minimal-spanning tree technique and Shortest-route technique
Write the Optimal Solution Note: The Optimal Solutions should include the optimal values for the non-zero variables as well as the objective function.
A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. Cars are estimated to arrive at this experimental lane at the rate of 780 per hour.
As part of an insurance business's training program, participants learn explain how to conduct an analysis of clients' insurability. Which of participants would you judge to be capable.
Discuss the value of gross domestic product and gross national income per capita as measures of market potential in international consumer markets.
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