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A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of capacity. A smoothing constant of .1 is used. a. Prepare a forecast for September. (Round your answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 92 percent, prepare a forecast for October usage.(Round your answer to 2 decimal places.) Forecast for October percent of capacity
Define and discuss the importance of reliability in the selection process.
All of the following statements about profit sharing are true/ except/1.profit sharing plan reward staff based on organization profits/2.profit reward a person according to measure
The circulation manager of The New York Times in State College, PA is trying to decide how many copies of the upcoming Sunday edition of the paper to order so as to meet the demand
Explain about the intention of survey or sample of buyer Survey or sample of buyer’s intentions preferably suited for short and medium-term sales forecasting, the outcomes
Why do financial objectives essential for the company to succeed?
Determine the formula of the Economic Order Quantity. The formula for Economic Order Quantity (EOQ): EOQ = √((2x C O x D)/(C H ) Here D = Annual demand (units)
Q. What are the characteristics of total quality management? Characteristics of total quality management: 1. Get this right first time philosophy 2. Continuous enhancemen
Customers have the sole responsibility for prioritizing their own needs, selecting a contractor to perform their project, and terminating a project that is not working.
Factor for plant Location choice - Availability of Transport There are five basic modes of physical transportation air road rail water and pipeline. Goods intended for export
Design a compensation and benefits package related to your dream job.
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