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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
explain the monte carlo simulation
Organizational culture serves what purpose in organizations?
Describe What happens if balance doesn’t exist
Under what circumstances is a code of ethics most and least likely to be effective? Why?
What kind of router could connect network segments that use CAT5 UTP with other segments that use fibre optic cable? a. modular router b. translational router c. bridge ro
Hello Sir, This is Riddhi Trivedi I, am Faculty of Commerge and Management. Subject is there Materials & Production Management, but i want a perfect reference book where i get all
1. Maggie Company produces a light fixture with the following unit costs: Direct Materials: $2 Direct Labour: $2 Variable Cost: $3 Fixed Cost: $2 UNIT TOTAL COST: $9 The
The final element of the information systems plan specifies resources required to carry it out. The capital budget should include projections for the cost of computer hardware, net
to find a medium that works across 4 other facility sites on how to properly and effectively maintain facility design, to all model after eachother
If a company needs to maintain market position as a leader in its segment and to increase the same in future, the company is carrying out few initiatives like Innovation
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