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Herman Hahn is attempting to set up an integrated forecasting and inventory control system for his hardware store, Hahn's Hardware. When Herman indicates that outdoor lights are a seasonal item on the computer, he is prompted by the program to input the seasonal factors by quarter. Unfortunately, Herman has not kept any historical data, but he estimates that first- quarter demand for the lights is about 30 percent below average, the second quarter demand about 20 percent below average, third-quarter demand about average, and fourth- quarter demand about 50 percent above average. What should he input for the seasonal factors?
What do you understand by “line balancing”? What happens if balance doesn’t exist?
List the specific weaknesses of each of these approaches to developing a forecast: a. Consumer surveys. b. Sales-force composite
If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?
This project allows doctor to access their patient's information easily through their local area network and through the internet. They can also update the status of each patient t
What approaches can be taken to develop a supply chain infrastructure that provide an accurate view of overall channel performance?
1. Design a Web page for the business function (e.g., ordering, human resources, courier service, inventory listing, etc.). The Web page will have at least the following HTML: a
What is a current, struggling product?
Explain two methods for allocating costs. Justify why you selected them and how you would make the most use of them in cost analysis. No copying and pasting or will not be ra
Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centres in different regions of the country. For one of its products, a high-speed modem pric
With the realities of today's technological innovation and the realities of the current economy, competitive advantage only exist for a short time and are quickly outdated. Agree o
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