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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?
In article "Human Capital Measurement: From Insight to Action," authors Whitaker and Wilson Is human capital performance effectively measured through in relationship between Sta
Now let's continue our discussion about the financial aspects of owning your own business that are part of, by considering the idea of "ratio analysis". In considering "financial r
Consider the following batch-flow process consisting of three process steps performed by three machines: STEP 1 Processing Time: 0.25 Min/Part Processing Time: 0.20 Min/Part Pro
The total output from a production system in one day is 900 units and the total labour necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure,
Flow Process Chart Flow process chart is defined as a graphic representation of all operations inspections transportations delays and storages occurring during a process or p
Strategic Alignment Please respond to the following- Considering your current job (or one you hope to have in the future), discuss the best way to link your job performance to t
Indicate the major categories of information you would expect to find in a project review
"Effective Applications" Please respond to the following: •Discuss the types of organizational culture changes (especially within the medical staff) that will have to take place in
In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the g
You are currently an intern working for the largest law firm in Alabama. Your mentor and senior attorney introduces you to a new client, Dick Jefferson, the owner of House Doctor,
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