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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?
What does Just in Time Manufacturing mean and how does it relate to manufacturing operations?
Business law deals with criminal law, tort law and contract law. Explain and illustrate each field and show how each field of law can affect a business.
What advice would you give to the chairman?
Review the information currently housed in Huffman Trucking%u2019s database, in the Entities and Attributes for Fleet Truck Maintenance file on the virtual Organizations site. (Cus
Question: (a) ‘Stock is often said to be the biggest evil in any business, yet firms still keep stocks.' Discuss the reasons for keeping stocks. (b) Discuss the main c
Please give a detailed explanation for the answer for the following scenario: As the manager of a plant, you have seen production increase by 20% over the past year, but you have a
With regard to the question of team size (i.e., how big the team should be), all of the following are true, except: a. Most of the time, teams should be fewer than 10 members b. Ma
What are some inherent challenges in using decision trees effectively in today's organizations? How can these challenges be overcome?
All of the following are examples of protected opposition except: a. Threatening to file a formal complaint alleging discrimination b. Refusing to obey an order because of a reason
Answer the following questions: 1) What is resource over allocation? 2) What is resource levelling? 3) Under what circumstances would you want to manually reso
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