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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?
Why it is important for marketers to fully understand today's consumer behaviour? Explain the factors that influence consumer's buying behaviour.
Up, up, and away is a producer of kites and wind socks. Relevant data on a bottleneck operation in the shop for the upcoming fiscal year are given in the following table: Item Kite
How would you allocate the $100,000 bonus money and why? Remember, no 2 managers can get the same amount. Be sure to justify your reasons.
What are the Chase demand strategies? Chase demand strategies: It is just the opposite of a level capacity strategy. The organisation frequently chases customer demand an
Can you create a Operational Plan and Budget if I provide instruction. Also need budget plan to be placed in excel
Why is following up important with participants who did not show up for their scheduled participation in your research?
Your company has been invited to look at possible improvements to the manufacturing system at Fly Fishing Reels. Your colleague has already visited the company to collect the atta
Clampitt presented a communication model for his first 2 approaches to communication as related to managers; Arrow & Circuit. What communication model best describes his Dance Appr
Explain Sources of Manpower Recruitment. Sources of Manpower Recruitment: (i) From in the Company The sources of manpower recruitment for any company are as following
Compare a Utilitarian and a Libertarian view on the importance and enforcement of consumer rights (to choose, to safety, to be informed, to be heard, to redress and to privacy).
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