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An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is Ft = 125 + 2.0t, and it was developed using data from periods 1 through 10. Based on data for periods 11 through 20 as shown in the table, which of these two methods has the greater accuracy if MAD and MSE are used? (Round your answers to 2 decimal places.) t Units Sold 11 148 12 150 13 149 14 146 15 156 16 148 17 156 18 154 19 159 20 163 MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)
Why are unions exploring new collaboration solutions in the face of economic/work adversity, and how did Saturn's ambitious Quality of Work Life (QWL) program address these factors
How many constraints are there in a transportation problem which has 5 supply points and 4 demand points?
If your CEO asked you why she should invest more money in the organization's staffing systems, what would you tell her?
What is the average value of a loyal customer (VLC) at Abby's restaurants (see Chapter 3)? What is the best way to increase revenue given your VLC analysis
Explain Four 'P's of Marketing. Four 'P's of Marketing : Marketing may be described as a human activity directed at satisfying wants and needs by exchange processes. A market
Develop a forecast for years 2 through 12 using exponential smoothing with ? = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the nai
The regime in China has been known to manipulate it currency creating a competitive a world competitive advantage for the manufacturing of goods. Evaluate the impact to the U.S. ma
What do you understand by “line balancing”? What happens if balance doesn’t exist?n..
The Managing Director of Beauty Soaps Ltd just visited a soap manufacturing firm in Malaysia and he was immensely impressed by its raw materials stock management System. He wanted
You are talking with another MIS 200student who is complaining about having to learn about the information systems development life -cycle (SDLC- Chapter 6), because he is not goin
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