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The classified department of a monthly magazine has use a combination of qualitative and quantitative methods to forecast sales of advertising space. Results over a 20 month period are as follows. Month Error 1 -8 2 -2 3 4 4 7 5 9 6 5 7 0 8 -3 9 -9 10 -4 11 1 12 6 13 8 14 4 15 1 16 -2 17 -4 18 -8 19 -5 20 -1 a). Compute a tracking signal for months 11 through 20. Compute an initial value of MAD for month 11, and then update it for each month using exponential smoothing of alpha =.1. What can you conclude assuming limits of plus or minus 4. b). using the first half of the data, construct a control chart with 2s limits. What is the implication of this?
Discuss what you would/could do as a manager, or what you have experienced, to create 3 different "orange splats" or emotional episodes at work that are low cost with high emotion
A company is considering whether to replace a machine. The old machine costs $90,000 and is being depreciated at 10% per annum using the straight line method. It is written down va
1) How do effective managers assess performance and what is the role and process of the Behaviourally Anchored Rating Scale (BARS)? 2) How is the critical incident technique used t
At this point of the project, you have identified the problem and a technology solution for the business. Now, you want the business to accept the idea. Using your text, the pre
importance of CAPACITY PLANNING
Computer-Aided Design is one of the techniques used by Regal Marine in the manufacturing of boats. With the aid of examples, critically discuss FIVE (5) techniques that are import
Why are standards important in many industries? As standards get adapted and become dominant, how does this process influence the competitive nature of the industry? When Walmar
There are many different models of organizational change. Each has advantages and disadvantages. It is up to the organizational development specialist to match the specific model t
Identify an Internet site that has a very effective Query-by-Example (QBE) implementation for complex queries (multiple simultaneous attributes/fields) to efficiently navigate amon
What are the pros and cons of great lakes coating's not having formalized policies regarding employee's behaviour?
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