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A pharmacist has been monitoring sales of a certain over-the-counter pain reliever. Daily sales during the last 15 days were:
Day 1 2 3 4 5 6 7 8 9Number Sold: 36 38 42 44 48 49 50 49 52Day: 10 11 12 13 14 15Number Sold: 48 52 55 54 56 57
a. Which method would you suggest using to predict future sales- a linear trend equation b trend-adjusted exponential smoothing? Why?
b. If you learn that on some days the store ran out of the specific pain reliever, would that knowledge cause you any concern? Explain?
c. Assume that the date refer to demand rather than sales. Using trend-adjusted smoothing with an initial forecast of 50 for week 8, an initial trend estimate of 2, and a=b=3, develop forecasts for days 9 through 16. What is the MSE for the eight forecasts for which there are actual data?
Evaluating strategies on a continuous rather than a periodic basis is desired. Discuss the pros and cons of this statement
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was there some other way to estimate the cost of equity as a check on the CAPM calculation?
Talbot estimates the cost to place an order is $50 also the holding cost for each assembly is $20 per yr. The organization operates 250 days per yr. Illustrate what is the economic order quantity for the XO-01.
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The company makes a net income of $1.00 for each regular pizza and $1.50 for each deluxe pizza produced. The firm currently has 150 pounds of dough mix and 800 pounds of topping mix.
onsider the following bill of material. Fifty units of Product A are required. Assuming no on-hand inventory, explode the bill of material. If 17 Ps are required also no on-hand inventory exists for any items, elucidate how many Cs will be require..
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However, it seems that, up to the present time, the relational model continues as the most prominently used database management tool. Any thoughts about why companies have not moved in significant numbers toward new database models?
The specification limit for a bag of C&A s jelly beans is 16 ounces and 13 ounces. A process that produces the jelly beans has a mean of 14.5 ounces and a standard deviation of 0.75 ounces. What conclusion can be drawn regarding C&A s bagging proc..
Based on the above reading and the knowledge gained from your assigned readings, write a paper that describes how you would use each theory to motivate your employees. Be very detailed and support what you say with research.
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