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The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting the product. To show this, the marketing manager has compiled the data below on sales (in thousands of units) and advertising budget (in thousands of $) over the past 5 months. The marketing budget allocated to this product in the next month is $3,500. Use linear regression to develop an equation for the relationship between unit sales and advertising $, and generate a forecast for this product. months sales advertising (thousands of units) ( thousands of $) 1 264 50 2 116 26 3 165 28 4 101 20 5 209 40 6 ? 35
Martin tried her best, but her restaurant knew how she felt about the situation. The servers at this South Carolina Happy's Restaurant failed to meet the new work standards, and the head of the Work Methods and Standards Department blamed Laura Marti..
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams). The output of the machine that fills the bar molds is approximately normal with a mean of 340 grams and a standard deviation of 1.5 grams..
Based first on your analysis of the survey data also then on your analysis of the crossover charts, give a justification for every location. Give a complete list of reasons for not selecting every of the 3 sites.
She must be able to pay cash for all corn at the time of purchase. Use linear programming to decide explain how Alexis can maximize her cash on hand at the end of April.
a sales coordinate promoted to the sales assistant manager and the hotel have to hire a new coordinate
If the organization sells 10,000 mops at the product price of $25, illustrate what will be the contribution to profit.
Propose a linear programming model which can be used to find out the optimal production schedule that will best achieve the goals of Richland Manufacturing Company.
About explain how many runs per year would there be. Explain how much could business save annually if setup cost could be reduced to $25 per run.
Why is the celebration of milestones important when implementing major change? Explain your position.
Describe how would you recommend this project be organized. Functional project. Pure project. Matrix. Why.
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..
Identify slack in tghe activities not on the project critical path, Your boss would like you to suggest changes that could be made to the project that would significantly shorten it What would you suggest?
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