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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
• answer the following questions on or before Sunday, March 31: 1) With whom does your organization compete in terms of compensation and benefits? What does your company policy
Describe how you think contracting fits into the acquisition program. Feel free to use some of your own experiences and examples
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is
The following is a payoff table giving profits for various situations. States of Nature Alternatives A B C Alternative 1 100 120 180 Alternative 2 120 140 120 Alternative 3 200 100
The following marketing phenomenon occurs when there exists within two city blocks the following hamburger outlets: McDonald's, Burger King, Sonic, and Wendys.
What is Matrix organisation? Ans: A Matrix organisation is a combination of Project and functional organisation.
In 2007, the Cartoon Network was fined for public disruption of the Bostonian transportation system while using a new form of public relations called: Answer > Guerilla advertising
write and explain the essentials of management giving practical examples
The stylized blue and white waves in an oval shape that appear on every package of Ocean Spray brand products is an example of a copyright trade name service mark brand
Explain how constraints in manufacturing are interrelated with a company's decisions regarding volume and variety
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