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Demand in period 1 was 28 units and the demand in period 2 was 20 units. Assume that the forecast for period 1 was for 26 units. If the firm uses exponential smoothing with an alpha value of 0.4, write down the forecast for period 3. Give your answer to two decimal places.
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant.
Define reliability and validity and discuss the relationship between both.
Social innovation follows a different process to more commercial forms of innovation. Innovation can take many forms, all involving a change of some kind. Which of the following is NOT a form of innovation? Which of the following is the discontinuous..
Describe some ways in which the digitalization of business has influenced or affected an organization with which you are familiar,
What role do the measurements of unemployment and inflation have on the management of an organization?
What is the purpose of Porter's five forces model? Support your argument with an example of a strong force and an example of a weak force. Be sure to support your example by explaining why it was a strong force or a weak force using Porter's five for..
A local restaurant owner is considering designing and selling logo t-shirts to his customers. The restaurant owner believes he can sell the t-shirts for $20 each. Develop a model to represent the total profit for selling x t-shirts. Calculate the pro..
The Fair Credit Reporting Act requires that employers obtain permission from an employee before the employer hires a third party to conduct a background check on the employee, but it does not require the employer to get the employee’s permission if t..
Servant leadership emphasizes being able to serve and lead. In your opinion, is this contradictory or doable?
The operations manager has a planning team that focuses on managing the inventory and planning the production of the operation.
Analyze the macro or general environment for the Internet Publishing and Broadcasting Industry . You can use the IBIS World study for reference.
Do you think the binding arbitration agreement was enforceable? Why or why not?
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