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1. Briefly describe autocorrelation in time series data.
2. Why is time-series analysis important?
3. Briefly describe how Winters' model differs from Holt's model and simple exponential.
Identify major sources of team conflict. What are the best ways to a “win-win” solution and why? Is a “win-win” solution the best way to resolve conflict?
Consider an M/M/1 queue. Arrival rate is 10 customers per hour, service costs $3 per minute, and waiting costs are $0.5 per minute per customer. What is the optimal service rate for this queue?
An entrepreneur who started a chain of auto service centers to do fast oil changes wants to quickly expand by building new facilities in new markets but does not have enough capital. His financial advisor suggested that he might be able to get around..
Explain how many DVDs should Blockbuster order. Illustrate what is its expected profit. Illustrate what is the profit that the studio makes given Blockbuster's actions.
Imagine than your goal is to retire 34 years from today with $1,000,000 in savings .Assuming you currently have $ 5,000 in savings, what rate of return must you earn on that saving to hit your goal?
Investigate on the internet the various ways (interviews, focus groups, surveys, etc.) to collect the voice of the customer, and discuss the advantages and disadvantages of each method.
How much should a company pay to keep a specially-skilled worker? Why? How would you determine the amount to pay to keep such a worker?
Which of Southwest's strategy execution approaches and operating practices do you believe have been most crucial in accounting for the success that southwest has enjoyed in executing its strategy?
Bradley Architectural, a primarily residential architectural firm, was just notified of an urgent request for a development proposal on a property. They are almost certain that the proposal will go to a competitor, who has been involved with the proj..
John has also determined six criteria weightings: Trust, with a weight of 0.4; Quality, with 0.2; Religious, with 0.1; Individualism, with 0.1; Time, with 0.1; and Uncertainty, with 0.1. Using the factor-rating method, which country should Ranga s..
Performance work statement (PWS). You will add a deck onto the back of your house. Your adult brother and sister, who live in your neighborhood, have volunteered to work with you on building the deck on weekends. The deck is on the ground floor of yo..
Sales of music stands at Johnny Ho's music store in Columbus Ohio over the past 10 weeks are shown in the table below. a)Forecast demand for each week, including week 10, using exponential smoothing with a = 5(initial forecast = 20).
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