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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.
A market-product grid is a framework to relate the _____ to products offered or potential marketing actions by an organization. estimated expenses for products sold total ant
Fred Flowers works for Alabama Electric and is a resident of the State of Florida. Following a series of storms in the Northeast, Alabama Electric sent Fred to Virginia as part of
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INC.. magazine claims, "Entrepreneurship is more mundane than it is sometimes portrayed . . . you don't need to be a person of mythical proportions to be very, very successful in b
Calculate row or column penalty we take two values namely the minimum and 2nd minimum? If 4 4 5 occurs in a problem, we choose 4 as a minimum and 5 the 2nd minimum why not another
Examine each possibility and the factors you will consider in weighing the pros and cons.
What are the steps and the benefits of a social audit?
What are the factors to effect capacity levels? Factors effecting capacity levels are as follows: • Resources accessible for example, labour and skills, machine time and
Should ethical concerns be part of life's everyday experience, or is it only necessary when we are faced with overwhelming moral dilemmas? Please state why you have come to this co
Explain nNon-monetary motivation. Non-monetary Motivation: The following are several of the techniques of providing motivation that are non-monetary in nature:- (i) Pra
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