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Freight car loadings over a 12-year period at a busy port are as follows: Week Number Week Number Week Number 1 220 7 350 13 499 2 245 8 360 14 475 3 284 9 423 15 526 4 275 10 380 16 510 5 305 11 425 17 507 6 310 12 450 18 541 a. Determine a linear trend line for expected freight car loadings. (Round your intermediate calculations and final answers to 3 decimal places.) formula110.mml = + t b. Use the trend equation to predict expected loadings for weeks 22 and 23. (Round your intermediate calculations and final answers to 3 decimal places.) The forecasted demand for week 22 and 23 is and respectively. c. The manager intends to install new equipment when the volume exceeds 777 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week? (Round your intermediate calculations to 3 decimal places and final answer to the nearest whole number.) It would take approximately more weeks.
Do you believe that MBO is appropriate for an organization where the primary output is innovation? If not why not? If so, how would you apply MBO to improve the innovation process
As throughput improves, staff time is saved in the form of reduced staff worked hours per unit of service
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
Define the term productivity (a) Productivity implies more number of goods (output) from the same amount resources (input) (b) Management can play an important role in pro
On companion website Read Case Study: Inquiring Minds Want to Know 1 Build the management-research question hierarchy. 2 What ethical issues are relevant to this study?
Q. 4. A two year sales history by quarter for a seasonal product is given below. Sales Quarter First Year Second Year 1 30 42 2 48 58 3 60 74 4 35 44 a) Using
Imagine the worst possible reports from a system. What is wrong with them? List as many problems as you can. What are the consequences of such reports? What could go wrong as a res
Diagram the process in a manner similar
A food processor uses approximately 29,730 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding c
At what point does acceptable exaggeration become lying about a product or a service?
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