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According to the eigenvalue criterion, only components with eigenvalues greater than 1 should be selected. each component should explain at least one variable's worth of the variability
The proportion of variance explained criterion states that the components should be selected one by one until the desired proportion of variability explained is attained.
The minimum communality criterion states that enough components should be extracted so that the communalities for each of these variables exceeds a certain threshold (e.g., 50%).
The scree plot criterion is this: The maximum number of components that should be extracted is just prior to where the plot begins to straighten out into a horizontal line.
Use an ? of 0.1 and a B (beta) of 0.2 to make a forecast for july and august. Calculate the MAD for your january through june forecasts. 15 demand units for January, 18 for february, 22 for march, 23 for april, 27 for May, 26 for june.
What are the risks of bypassing the steps in decision-making model provided? Under what circumstances would it be appropriate or inappropriate to use a decision-making model?
Burger Prince then ran advertisements saying which its pure beef burgers were better than Captain Hooks which used fillers. Which of the subsequent is true.
The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order
A service garage uses 120 boxes of cleaning cloths per year. Boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on annual basis. What is annual cost of ordering and carrying cloth.
Are the factors Gardner selected for evaluation reasonable also complete. Elucidate what others might be included.
The holding cost is 10 percent of the purchase cost. How many units should R. C. order to minimize his total annual inventory cost?
Organizing for Worldwide Effectiveness: the Transnational Solution" suggests that technical and marketing functions be integrated within each subsidiary of any organization. What are the strengths of such an organization? What are the weaknesses o..
If a worker takes 60hours for which standard time is 75hours, then what will be his income in haley plan and rowan plan ? His hourly wage rate is rs
CruBrew uses 100 bags of whole bean coffee every month. Currently, CruBrew has signed a year-long contract to purchase its coffee beans from a domestic supplier (DS), located in the USA
Review the unique challenges companies face in new product development. Evaluate how these challenges impact the traditional new product process
The King Company is producing two types of products: A and B. Both products are produced on the same machining operation. The machines operate on two 8-hour shifts, 5 days per week, and 50 weeks per year
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