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1. Moving average forecasting models smooth out fluctuations of historic data but may not be the best forecaster of trends in data since the forecast will always lag the trend. True or False?
2. Exponential Smoothing models utilize all historic observations to which the analyst has access, while a two-period moving average model relies on only the data of the past two time periods. True or False?
What project financial risks can be encountered arising from estimation errors, major rework needs, unexpected schedule changes, logistics problem, etc.? How does your current organization (or a previous organization) respond to these types of risks?..
A company operating under a continuous review system has an average demand of 50 units per week for the item it produces. The standard deviation in weekly demand is 20 units. The lead-time for the item is six weeks, and it costs the company $30 to pr..
lena is negotiating the purchase of a kitchen table from her neighbor Beixi. Her goal is to acquire it for 250 and she will begin the negotiations by offering 150. If Elena cannot negotiate a price of 300 or less for the table, she will purchase a ne..
Abbott Work Wear, Inc., supplies uniforms for a variety of businesses. Greg Michaels is a new intern in the Accounting Department at Abbott. To expand sales, the company is considering paying commissions to its sales force. What are Beth Sparrows res..
demonstrate its effectiveness. Evaluate any new product in this marketplace and the potential impact to Netflix market share.
Do project teams exist to help the organization in its strategic management efforts? If so, how effective are they. How are projects used to move the organization toward its goals? How well are the projects managed. What conclusions can you draw from..
What methods can a company use to add new products? Describe the types of new products that can be created, and Discuss some of the key challenges that marketers face in new product development. provide an example form the market place of a new prod..
A certain 5-year-old machine has a salvage value of $1200 if sold today, and of $400 if sold 5 years from now. Its operating expenses are $800 per year. There is also the possibility of overhauling the old machine at a cost of $600, which would incre..
How high must reliability be? Prime business customers expect public carrier-class communications data links to be available 99.999 percent of the time. The so-called five nines rule implies only 5 minutes of downtime per year. Such high reliabi..
Illustrate what is optimal solution. Elucidate how will spreadsheet model differ from 25 types of tables also 15 machine processes involved in manufacturing them.
discuss the importance of identifying norms within a team? why is clear communication considered an essential element
Eric Weiss, marketing director for Charter Power and Light, is about to begin an advertising campaign promoting energy conservation. Each TV ad costs $10,000, while each newspaper ad costs $4,000. Weiss has set the following goals, in rank order.
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