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what is the difference between a causal model and a time-series model? Give an example of when each would be used.
What are some of the problems and draw backs of the moving average forecasting model?
How do you determine how many observations to average model?. How do you determine the weightings to use in a weighted moving average model?
What is the probability that the "BX" tire will last beyond 46,000 miles? Unrelated to part a. Goodstone Tire Company manufactures the "BX" Tire that has an expected life that is exponentially distributed with a mean of 35,000 miles
The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms
What are the distinctions among procedural, interactional, and distributive justice? List ways in which you could increase each of these justice perceptions.
What are the forces for global convergence in a labor system? What are the forces for a labor system to maintain divergence or establish a divergent system?
The solution offers step by step guidance on how to formulate the problem mathematically. It comprises a solution to problem instance using Excel Solver.
How would you handle this as the marketing leader? What is your plan? How would you handle this as the director if HR? What is your plan?
Explain whether additional compensation might need to be offered as a result of your plan to change job designs and work measurements.
Assume a software producer is about to release a new version of its popular software. Illustrate what information do you think it would take into account in forecasting initial sales.
Elucidate how many customers, on average, are waiting in line in front of each service desk. Elucidate how much time does a customer spend at the service desk (waiting plus service time).
What is the forecast for the Period 7 using a 3-period weighted moving average technique (use a weight of 3 for last period's value, a weight of 2 for the period before
Suppose which May's figure turns out to be 405. Append the table with error columns then, computes MAD for both Amit's also Barbara's method. (16.11 also 19.17) d) Based on these calculations which method seems more accurate.
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.
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