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1) Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swimming pool filters. He wants to use regression analysis to predict monthly sales volume based on the past 24 months. Is his plan sound? Why/Why Not? Advise Rocco on his plan and make suggestions as to what techniques from this course might improve his forecasting.
2) What activities would be included in the value added time of fast food hamburger preparation and delivery? Why are these part of the Value Added Time?
3) Bruce is in charge of a production area for a company that makes small personal aircraft. He is working late on a monthly forecast for landing gear assemblies. He has decided to use exponential smoothing and last year's landing gear production numbers to forecast demand for the next three years. Is he on the right track? Why/Why Not? Explain.
Valuing Health Care" Please respond to the following: •Determine the best way to leverage value from health IM / IT investments in today's health care environment. Provide specific
If you are interested in estimating the difference between the means of two samples that have been paired, the point estimate for this difference is the mean value of the paired di
Select three top most critical risk regardless of progect size or scope. Justify your selection. Suggest strategies for the manager to address each type of risk selected.
1. What are the order winning criteria for this organisation? Where does the company sit in Schmenner's Service-Process matrix and can you detect the adoption of the principles und
A clothing manufacturer receives a shipment of 30 spools of wool from its supplier. Using Mil Std 105E under normal conditions, how many spools should be tested for quality control
You punch multiple parts from a sheet of Aluminium. The sheet is a 1728 square-inches rectangle and you get 18 parts that are 70 square-inches each. The machine is old so you inclu
1) Do you think that the ISS Clinic investment in electronic medical records added value for the organization? How would you recommend measuring this "value"? If you do not think t
Please give a detailed answer on how to handle the situation: You work for a small consulting firm and, like most companies; you are currently facing tight budget constraints given
What is the difference in strategy in developing an initial layout for a new facility as comparedn to the strategy in improving the layout of an existing facility?
Discuss the growth in the service sector and the decline of manufacturing in the United States
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