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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
Doc On Call (Q12 – Q14) A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country
Joan, age 40, is dissatisfied with her job. Martin, age 25, is satisfied with his job but thinks the union could provide better benefits beyond the associated costs. Most research
Natural Resources - Factors Affecting Productivity Improvement Natural resources The manner in which countries use the resources at their disposal is of major importance,
Discuss common challenges of managing projects and the value of effective management to an organization
Solve for x: log_10?x=3 5. You've earned your degree and have been hired by an established company. You were able to negotiate a beginning salary of $2500 per month with annual 6%
Now let's continue our discussion about the financial aspects of owning your own business that are part of, by considering the idea of "ratio analysis". In considering "financial r
What is the forecast for Aug based on a weighted moving average applied to the following past demand data and using the weights: 5, 3, 1.5? (largest weight is for most recent data)
Deliberate Sampling : Also known as purposive or non probability sampling this sampling methods involves purposive or deliberate selection of particular unit of the univ
Leslie Igles is being sent to Ireland as the new manager of a local subsidiary of a U.S. firm. She has a participatory management style and is known for her ability to relate to th
As the investment community watches to see if Blockbuster will be able to sustain a double-digit growth rate under the new direction, the CEO is reviewing his actions as the strate
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