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Think of all the examples of forecasting you experience on a regular basis; such as the weatherman on TV each night. Now, considering the technology we have at our disposal today, why can't we get a "Perfect" forecast?
Please provide references with your response.
Be substantive and clear, and use examples to reinforce your ideas. Research a multinational corporation. Then, answer the following questions:
1 what are some important steps that should be taken when considering the investment potential of a franchise?2 discuss
Harley Davidson has excess capacity of 5,000 hours of use of machinery. Which motorcycle should it produce?
What are the performance objectives of operations and what are the internal and external benefits which derive from excelling in each of them ?
A cafeteria serving line has a coffee urn from which customers serve themselves. Arrivals at the urn follow a Poisson distribution at the rate of 3 per minute. In serving themselves, customers take about 15 seconds, exponentially distributed. How man..
The Super Cola Company must decide whether or not to introduce a new diet soft drink. Management feels that if it does introduce the diet soda it will yield a profit of $1 million
What are products? how do product items, product lines, and product mixes differ? And why do so many new products fails?
You also find that the car wash is positioned above the zone box on reliability but below the box on responsiveness. What should you tell the manager of the car wash to do?
How does the production volume affect break-even analysis. Could a service firm use a production-line approach or self-service design and still keep a high customer focus (personal attention)
efficiency is a critical element both in terms of individuals and machinery in any business. describe some efficiency
Assuming that within 0.2 ms there is an increase of 0.5μ C of charge stored in the capacitor. What is the average value of the charging current within this 0.2ms
How can social media such as Linked In, Facebook, and Twitter be used to improve knowledge sharing, build social capital, support innovation, and aid problem-solving in one of the following organisational contexts?
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