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The actual demand of the patients at Omaha Emergency Medical clinic for the first six weeks of the year are as follows: week Actual # of patients 1 65 2 62 3 70 4 48 5 63 6 52 a.) Compute a simple exponential smoothing forecast for week 7 with a=5. Assume the forecast for week 1 is 65
What are the three elements necessary for the formation of a business contract? What are the six defences to formation of a contract? Illustrate your definitions with examples of e
See data table below: This is a 6 month period for a grocery store. Construct a Pareto analysis of the data and determine the percentage of total complaints represented by the two
The technique that estimates long-run costs and the minimum efficient scale by determining the scale of operation at which most firms in an industry are concentrated is called the-
For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III. For Cas
define the following key terms in product layout; product interval time, product duration, asssembly line balancing.
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
Suggest some possible strategic initiatives that Sigma could pursue to continue its growth.
To determine the standard working time for a special job, following observation data is collected. Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the pe
Why might a probabilistic estimate of the project completion time base solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?
Management Management can be elucidated as an art or science, (however, it is combination of art and science) of getting things completed by the people, by planning coordina
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