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A company wants to forecast demand using the simple moving average. If the company uses five prior yearly sales values (i.e., year 2009 = 230, year 2010 = 250, and year 2011 =215, year 2012=240, year 2013=260), with the following weights (i.e., wt-1 =0.4, wt-2 =0.2, wt-3 =0.2, wt-4 =0.1, wt-5 =0.1), which of the following is the weighted moving average forecast for year 2014
A total of $10,000 is available for promotion each week in this city. The soda producer seeks to maximize its weekly profit. Formulate also solve an appropriate optimization model to help this soda producer identify the best promotional strategies..
Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $500; Total assets = $4,000.
Sen, Freeman, and Heath all argued that free markets do not always produce results that are optimal. (See also my handout on ethics and markets.) How might one argue that the presence of market defects (like ‘externalities’ and ‘informational asymmet..
Marx’s metaphor for the “social relations” and the productive forces that constitute the “real basis” of material production
Would following the State or Federal Law be morally sufficient in ensuring we would be acting in an ethical manner? Explain how a person should act morally rightly or permissibly when no Law has been enacted which tells us what to do or not to do.
Mop and Broom Manufacturing approximate that it takes 4½ hours for each broom to be produced, from raw materials to final product. An evaluation of process reveals that amount of time spent working on product is 3 hours. Determine process velocity..
Compare and contrast top-down and bottom-up project estimating techniques. What is resource leveling on a project and what are its objectives
Technological Advancements and Challenges" Business and Society. In a departure from its normal business operations Apple has recently teamed up with a bio-tech company to investigate the possibility of cloning human organs. You have been tasked with..
Chapter 3 in your Foundations of Strategy text, use the functional classification and value chain perspectives to identify Harley-Davidson's principal resources and capabilities. Can their resources and capabilities confer sustainable competitive adv..
A company has to decide among three processes that makes the same product but with different capacities, to implement next fall. The information on the processes are: JACPR Inc. is a company that operates with two servers. An average of 8 customers p..
Compute the tact time for a system where the total time per shift is 530 minutes, there is one shift, and workers are given two 11-minute breaks and 40 minutes for lunch. Daily demand is 204 units.
Describe OSHA's standard setting process, and explain the impact of the benzene decision
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