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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
The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following table. Because of the high physical demands of t
What does it mean to be a risk-tolerant organization? How does that relate to the level of creative that is likely to develop in an organization?
if minimum cost is same for two cell then which one to give preference in step 3 of this page http://www.expertsmind.com/learning/vogels-approximation-method-vam-assignment-help-
discuss the evolution of operations management in the last 10 years
Can I know what is group layout
program to find optimal sequence, total elapsed time and total idle time in 6 jobs and 3 machines
An In-N-Out Pay Strategy: Costa Vida's Decision to Boost Pay
One day a teller of a bank was robbed. When the robber ran the teller ran after him. Well over taking the robber, the teller was shot in the leg. The teller was given an award for
Production Planning Procedure
Productivity should be a concern of every business organization. a. How is productivity defined? b. How are productivity measures used? c. What part of the organization has primary
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