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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 Industrial Disputes Act. The Industrial Disputes Act intend at settling disputes between Employer and Employees.
System complexity - Boulding taxonomy To obtain an insight into the nature of the system with which the operations manager is dealing, consider the economist Kenneth Boulding
Category- 1) Invoice Amount does not agree with check amount 2) Invoice not on record 3) No formal invoice issued 4) Check (payment) not recieved on time 5) Check no
Explain the authorities under the Industrial Disputes Act, 1947. Ans: One of the authorities under the Industrial Disputes Act, 1947 for investigation and settlement of indu
Hi, I am looking to find any potential benefits of the centre of gravity locational theory, in addition to this, would like to know of any potential drawbacks that the theory entai
Pick a product that you believe would be beneficial for line extension. Justify your choice and discuss the strategy you would adopt for the new product
How can social returns be measured?
Why is Direct Line so successful and how has operations supported the business growth? 2. How do (if at all) the products offered by Direct Line differ from its competitors? 3. Ana
Which behaviours, thinking approaches, emotional stances, decisions, and business management actions can be found in the two readings that pertain to adaptability, resilience, and/
EBSCO Online Library, use the search function, and read the following article. Then complete the discussion forum question. Developing leadership talent in healthcare organizations
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