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An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is Ft = 125 + 2.2t, and it was developed using data from periods 1 through 10. Based on data for periods 11 through 20 as shown in the table, which of these two methods has the greater accuracy if MAD and MSE are used? (Round your answers to 2 decimal places.)
t Units Sold11 14412 14513 15014 14315 15716 15217 15618 15419 15920 164
MAD (Naive)MAD (Linear)MSE (Naive)MSE (Linear)
internet domain names are linked to trademark issues. Technology makes it easy to copy and distribute musiceand movies without paying royalties. Business conducted on the internet raise security and privacy issues. What legal concerns are raised b..
Describe the fundamental trade-offs made when deciding to crash a project. If the decision is made to crash, illustrate what additional tradeoffs must be made.
How can the HRM professional be prepared to deal with the variations in HR practices in the global environment.
AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next four years. Currently two production lines are I place for making bronze and plastic sprinklers.
What is the equilibrium price and quantity in this market?
Why does senior management often fail to realize the value of human assets versus other organizational assets?
Which of the following statements about scatter diagrams is true?
It normally relies on departmental forecast and preregistration resords to determine how many copies of a text are needed. Preregistration show 90 operations management students enrolled.
Provide one example of a sitution in which it seems to be more important for a business to be ethical than lawful, and one example of a situation in which it seems more important for a business to be lawful rather than ethical.
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additional requirements to the protection of these plans?
How might principles of scientific management be useful to spring industries?how might principles of scientific management be useful to spring industries?
your information mart and 5 indicating that the dimension offers the lowest value and does not desire to be in your information mart. Which variables would you choose if your information mart could only contain 10 dimensions.
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