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National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 17 Mar. 18 Apr. 11 May. 22 Jun. 19 Jul. 21 Aug. 22 b. Forecast September sales volume using each of the following: (1) A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.) Yt 22.73 thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average 17.4 thousands (3) Exponential smoothing with a smoothing constant equal to .30, assuming a March forecast of 18(000). (Round your intermediate forecast values and final answer to 2 decimal places) Forecast thousands (4) The naive approach. Naive approach thousands (5) A weighted average using .50 for August, .20 for July, and .30 for June. (Round your answer to 2 decimal places.) Weighted average thousands
All of the following are characteristics of effective goal setting EXCEPT:
How should organizations respond to social networking problems? Which one of them is a dangerous approach, and why?
According to the 2010 census, those states with an above average number of people who fail to complete high school (X) tend to have an above average number of infant deaths (Y). In other words, there is a positive association between X and Y. The mos..
Choose an article from Bloomberg Businessweek, Fortune, Forbes, Fast Company, or any other wellknown publication that deals with a corporation that has undergone a significant change in its strategic direction. What are the implications for the struc..
The owners of Good Taste, a bakery in Lewisburg, PA are attempting to determine how many loaves of their famous raisin bread to bake for the first day of the upcoming county fair. Company accounting records show that each loaf of raisin bread costs $..
Anyone heard about Weyco ban on employee smoking? what are the views of the key stakeholders in this case? what are the ethical issues to consider when deciding to fire tobacco users? is it appropriate for employers to impose restrictions on individu..
Thomas Cain is the purchasing manager for multiple store Mattress firm. The demand for the most popular mattress is 6000 units per year. The cost of each mattress is $120, and inventory carrying cost is $15 per unit per year. Find the optimal order q..
Briefly describe the organization. What makes W.L. Gore successful? What is unique about the way the company is led? What type of management style does CEO Terri Kelly use? Is this any different than the styles of the founders? What organizational be..
Have you ever had to lead a training session? A mentoring session? What was you best experience? What was your worst experience?
Governance mechanisms are considered to be effective if they meet the needs of all stakeholders, including shareholders. Governance mechanisms are also an important way to ensure that strategic decisions are made effectively. As a potential employ..
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of work..
Describe the communications process in detail, including all key parts and their particular function; as well as movement of the communications. Provide examples of each part and elaborate on each example.
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