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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
Siting Departments for Process Layout - Manufacturing One of the most significant features of the siting of departments in a process layout is its surprising complexity. Even
Measures to prevent Accidents 1. Proper Selection of Workers: A scientific selection of workers is more important from safety point of view. The attitude and aptitu
One of the most influential pieces of legislation was the Sarbanes-Oxley Act of 2002. This act greatly increased the transparency of financial disclosure in light of accounting sca
How can risk management help any business situation?
Answer the following questions: 1) What is the difference between a task dependency and a task constraint? 2) Give a real-world situation when you might used the foll
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
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explain and give for examples hotels services...how them service ?
How has the increase in uncertainty in business affected the "make-or-buy" decision, and is this trend likely to change?
Cultural diversity can provide a company competitive advantage regarding problem-solving. True False
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