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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.
Product A is and end item and is made from 2 units of B and four of C. B is made of 3 units of D and two of E. C is made of two units of F and two of E. A has a lead time of 1 week
A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears), the following dat
The following figures are taken from the 2003 financial statements of McDonald's and Wendy's. Figures are in million dollars. McDonalds Wendy's Inventory $129.4 $54.4 Reve
Develop a competitor profile for your college and for the college geographically closest to yours next prepare a brief strategy strategic plan is to improve the competitive positio
#questiApplying the EBQ1 model, what batch size would you recommend for the babybath (143BB)? How long will each batch take to produce, and how many batches per year will be made?
Merk, Inc., produces electronics component on an assembly line. The standard cost for the component is $105 (labor $15, materials $60, and other costs $30). The sellings price is $
Practical Application Scenario To complete this scenario, use the Confidence Interval Calculator and the Area Gas Prices %u2013 Random Sample documents, provided in the Resource
What are some of the challenges inherent in maintaining both individual and team identity? Please provide real world examples.
how to solve the problem?
Here is a situation for Don and Joan who are partners for a vending cart business, which sells hotdogs on the street. Joan and Don received a mailed notice from the City of Richmon
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