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A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 53 percent of capacity. A smoothing constant of 0.4 is used.
a. Prepare a forecast for September. (Round your final answer to 2 decimal places.)
Forecast for September percent of capacity
b. Assuming actual September usage of 56 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.)
Forecast for October percent of capacity
In the case Labaj v. VanHouten, a business was found liable because it was foreseeable that a guard dog might injure a person it did not know. This illustrates: Negligence, Strict liability, False imprisonment
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How must an operations strategy integrate with accounting/finance?
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Do you agree with this statement? Why or why not? What are the implications for strategic decision makers?
Jennifer, the owner and manager of a company with ten employees, has hired you to take over the HRM function so she can focus on other areas of her business. Point out which changes are occurring in the business that affect HRM. What are some conside..
What is the chase strategy? Identify 2-3 companies that might use the chase strategy
For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III.
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Determine the methods of forecasting, process or service design, layout planning, and capacity planning
Using PERT, Adam Munson was able to determine that the project completion time for his home is 32 months with a project variance of 25 months. A) What is the probability that the project will be completed in 40 months? B) What is the probability that..
Identify a process internal to the company that you wish to analyze. Describe the process internal to the company that you wish to analyze.
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