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National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month/Sales (000) Units Feb 16 Mar.17 Apr. 11 May. 29 Jun. 19 Jul. 21 Aug. 21 Forecast September sales volume using each of the following: 1.A linear trend equation 2.A five-month moving average 3.Exponential smoothing with a smoothing constant equal to .30, assuming a March forecast of 16(000 4. The naive approach 5. A weighted average using .60 for August, .10 for July, and .30 for June.
Service is the last activity in the Value Chain. Explain how service adds value to a business products and customers.
FestiveMeadow3308 Baseballs (z1) requires 3 minutes/unit for cutting and 2 minutes/unit for glueing. Basketballs (z2) requires 2 minutes/unit for cutting and 4 minutes/unit for
What are the advantages of the demand management strategies? The advantages of the demand management strategies are as illustrated here: a. While ‘off peak’ quite than contr
What are the advantages of predetermined time standards (PTS)? Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be
From "Matching Supply with Demand" Cachon/Terwiesch (Inventory Cost) A manufacturing company producing medical devices reported $60,000,000 in sales over the last year. At the e
After reviewing the RFP Tutorial from the lecture this week, share your thoughts about the steps outlined for creating an RFP. What value does an RFP bring to finding and buying th
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Provide a "real world" example of moral philosophy. What is the difference between idealism and realism? Support your definitions with practical examples. How does moral philoso
What processes do MNCs need to establish in order to reduce prosecution risk? Many MNCs have decided to confront concerns about ethical behavior by developing worldwide practices t
1) The following table lists all costs of quality incurred by Sam's Surf Shop last year. What was Sam's appraisal cost for quality last year? Annual inspection costs $ 155,000
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