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Prepare a least squares trend line for Hot Off The Rack for each of its pizzas. Plot your projections for the next month and comment on model fits. a. What is the meaning of the slope constant (b) in each case? DEMAND Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Pizza: combo 85 83 86 84 85 85 special 43 46 40 44 42 43 extra 24 27 31 36 42 47 152 156 157 164 169 175
Illustrate what are some organizations which have planned to get smaller rather than larger in order to be successful.
The Lake Charles location would increase system transportation costs by $50,000 per year, the Houma location by $60,000 per year, and the Gulf Port location by $29,600 per year
Describe five ways to improve reward effectiveness. Discuss the advantages and disadvantages of the four reward objectives.
Using the traditional method, which refers to maximizing the contribution margin per unit for each product, what is the optimal product mix and resulting profit
Illustrate what would 3-sigma control limits for the process be. Illustrate what alpha risk would they provide.
What is the new minimum throughput time for one-tray orders and what is the capacity of each resource (Kristen, the oven, the mixer, and the roommate)?
Students will choose leader/s for the purpose of completing the applied project, which will be completed in two separate components (Mid Term and Final)-see syllabus, each of which will be evaluated separately.
Explicate how Samsung was either helped or harmed by the intensive strategy it chose. Identify at least one way this strategy could have been improved.
A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 40 million, while the forecast was 42 million. A smoothing contant of .2 is used.
If the run time for producing a batch of saddles is 4 days, the rate of production is uniform at 600 saddles per day, and the uniform usage rate is 150 saddles per day, what is the maximum inventory quantity? (Round to the nearest integer value)
Describe Mary's optimal decision strategy also its possible consequences utilizing the decision tree below. Do not forget to discuss the risks associated with the optimal decision strategy.
Do you think there is some way a organization can hold true to their traditional belief also still advance into the future. A metal-cutting operation has a target value of 20 also consistently averages 19.8 with a criterion deviation of 0.5.
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