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Do NOT use Minitab for this problem; you may use Excel. Handy, Inc. produces a solar powered electronic calculator that has experienced the following monthly sales history for the first four months of the year, in thousands of units: January 23.3 February 72.3 March 30.3 April 15.5 a. If the forecast for January was 25, determine the one-period-ahead forecasts for February through May using simple exponential smoothing with a smoothing constant of =0.15. b. Repeat the calculation in part a) for a value of =0.40. What difference in the forecasts do you observe? c. Compute the MSEs for the forecasts you obtained in parts a) and b) for February through April. Which value of gave more accurate forecasts, based on the MSE?
what are the direct responsibilities of operations managers?
What is the first goal of national unions? Elections in units where employees are not currently represented are called? Corporate goal achievement is facilitated or inhibited
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Choose at least one of McDonald's competitors and discuss its position relative to McDonald's. Comment on McDonald's prospects of success against this competitor.
How would the EBQ change if the set-up costs were reduced by 50 percent, and the holding costs were reassessed by 40 percent, taking account of the opportunity costs of capital at
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