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A company uses simple exponential smoothing with alpha = 0.1 to forecast demand for boxes of rubber gloves. The forecast for this week was 237 boxes and the actual demand was 205. a) What is your forecast for the next week? b) What is your forecast for three weeks from now? c) If the cumulative sum of the forecast errors before this week was 23 and the estimate of the mean absolute deviation was 10.6, do you feel that forecasting system is doing a good job? Explain.
What kind of transition of power occurred from Khrushchev to Brezhnev? What were the policies of the Brezhnev administration – both foreign and domestic? What were the events of the Cold War under Brezhnev, including the “Brezhnev Doctrine” and “Déte..
Describe three disciplines (social and behavioral sciences) that have contributed to the study of consumer behavior.
A computer manufacturer currently has a 15 percent customer defection rate. Their accounting department estimates the incremental contribution to profit and overhead as 30 percent. Determine the increase in the average value of a loyal customer if ..
Select an organization with which you are familiar that conducts both domestic and global marketing. Write a 1,050- to 1,400-word paper in which you identify the environmental factors that affect global and domestic marketing decisions. Address the..
In organization development, a practitioner must consider not only organizational goals and resources, but also______.
Continuous improvement with lean systems:
The war on terrorism has caused the U.S. to change its long-stated foreign and defense policies. September 11, 2001 was the day that changed these policies, perhaps forever. To what extent does the War on Terrorism represent a break with previous Uni..
Are there any instances where letting the client being involved in team discussions and activities be valuable? Are there some type of project where a manager would be more beneficial than a leader? or vice versa?
What is the relationship between hotel occupancy and housekeeping payroll costs? What is the relationship between an accurate budget and an executive housekeeper's long term job status?
Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. What is the expected (estimated) time for activity C
What is the importance of the overall logic for a project? What does the project logic create? If you have the project logic incorrect are you optimally working the project?
One of the most important trends in questioning during the past decade has been the introduction of the "behavior-based" interview, which is predicted on the principle that the best predictor of future behavior is past behavior.
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