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The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting the product. To show this, the marketing manager has compiled the data below on sales (in thousands of units) and advertising budget (in thousands of $) over the past 5 months. The marketing budget allocated to this product in the next month is $3,500. Use linear regression to develop an equation for the relationship between unit sales and advertising $, and generate a forecast for this product. months sales advertising (thousands of units) ( thousands of $) 1 264 50 2 116 26 3 165 28 4 101 20 5 209 40 6 ? 35
Bloom's Jeans is searching for new suppliers, and Debbie Bloom, the owner, has narrowed her choices to two sets. Debbie is very concerned about supply disruptions, so she has chosen to use three suppliers no matter what.
For example, should the decision to repair the system be considered in terms of the potential liability risks of failure versus the costs of the repairs?
Assume that you are the manager of Assembly, Inc. You have just received an order for 24 units of an industrial robot, which is to be delivered at the start of week 7 of your schedule.
Using the traditional method, which refers to maximizing the contribution margin per unit for each product, what is the optimal product mix and resulting profit
After a number of complaints about its directory assistance, a telephone company examined samples of calls to determine the frequency of wrong numbers given to callers
Why is diagnosis so vital in organizational change programs?
Electronincs assembly Inc. operates two 8 hour shifts for 275 days per year. Use this information in the table to determine the capacity requirement.
Define each of these terms and briefly discussion how you would apply the terms to strategic planning
Eton is subject to personal liability for Destiny's debts because Elton is subject to personal liability for Destiny's debts because Elton has the right, as a limited partner to take control of the firm. Is Collection Credit correct?
Create an outline describing your thought process in making the routine purchase of toothpaste.
Compute the centerline for the x-bar chart. Compute the centerline for the R-chart. Compute the upper and lower control limits for the X-bar chart.
explain how almost any leader or manager could help mitigate those stressors. Provide specific examples to support your response.
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