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The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting the product. To show this, the marketing manager has compiled the data below on sales (in thousands of units) and advertising budget (in thousands of $) over the past 5 months. The marketing budget allocated to this product in the next month is $3,500. Use linear regression to develop an equation for the relationship between unit sales and advertising $, and generate a forecast for this product. Months sales advertising (thousands of units) (thousands of $) 1 264 50 2 116 26 3 165 28 4 101 20 5 209 40 6? 35
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#SPC is an operational level technique of ensuring quality conformance. How many of the benefits of bringing the plant under control would you class as strategic?.
To be considered lawful, a voluntary affirmative action plan must meet all of the following criteria except: a. it must be permanent b. It must exist to eliminate past imbalances b
1. Why has Southwest's business model and strategies changed overtime? 2. In what ways is Southwest Trying to improve its competitive advantage in 2011? 3. Give examples of a
Architect Bob Berryman purchased a late model car from Fred's Ford dealership. Three months after he purchased the car, he had to replace two of the tires because he ran over nails
Consider a production system that consists of a single station with a production rate of 1 part per minute and a process variability given by Ce=1.
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Net profit margin: 1. Transportation firm now spends 60 percent of the sales revenue it receives in the supply chain, and has a net profit margin of 6 percent. The compan
I need solutions manual for production manageent
What is the method of monitoring and reviewing in risk management?
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