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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
. What do you understand by “line balancing”? What happens
Q. What are the Supplier sourcing strategies in the purchasing department? Supplier sourcing strategies: It is the responsibility of the purchasing department: a. Single sou
markov analysis problem
what are the most significant events in the story of how the plant survived because of its adoption of quality based principles
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What could you or the person who was treated unfairly have done to improve matters and rectify the injustice on the spot?
1. What are the order winning criteria for this organisation? Where does the company sit in Schmenner's Service-Process matrix and can you detect the adoption of the principles und
Medical studies have shown that 10 out of 100 adults have heart disease. When a person with heart disease is given an EKG test, a 0.9 probability exists that the test will be posit
"CIOs" Please respond to the following: •Assess the role of the CIO within any health care organization and describe the key characteristics a CIO would need to possess to be effec
What role do social forces play in the theory of management? Explain
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