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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?
The market testing stage of the new-product process often involves test markets or purchase laboratories in which the dependent variable is consumer attitudes. price. adve
What are the internal and external factors (HR/Business) that will affect the global organization today when doing business overseas
Example: Find the feasible solution of followings transportation problem by VAM and optimize it by stepping stone methods. Availability of Warehouse
Sectors of the Economy - Manufacturing and Service Operations Any operations system, if examined in sufficient detail, will be found to be unique. However, there are distinct
Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine
Differentiate between value-creation (core) processes and supporting processes. Provide an example of each process
Evaluate the service to club members and casual flyers by completing a table similar to table 3.1 (see page 70 Operations Management 6xth Edition Nigel Slack)
The Managerial Process text. Given the project network provided, compute the early, late, and slack times for the project. Share your calculations and explain how you came up with
Describe the impacts of consumerism in regards to information technology, claims management, and member services when dealing with healthcare providers.
application of SCM principle in Financial services?
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