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You are using an exponential smoothing model for forecasting. The running sum of the forecast error statistics (RSFE) are calculated each time a forecast is generated. You find the last RSFE to be 34. Originally the forecasting model used was selected because it's relatively low MAD of 0.4. To determine when it is time to re-evaluate the usefulness of the exponential smoothing model you compute tracking signals. What is the tracking signal? What does the tracking signal tells you?
On their farm, the Friendly family grows apples that they harvest each fall and make into three products-apple butter, applesauce, and apple jelly. Propose a linear programming model for this problem. Solve the model by using the computer either ex..
What is total cost (holding cost + ordering cost + material cost) if they buy at $4.50 per case at the minimum total cost point on $4.50 curve (EOQ point for $4.50)?
Analyze the article's perspectives concerning talent management and technology issues.
The Snack Food Association publishes an annual State of the Industry report that can be found at sfa website Based on information in the latest State of the Industry report
Develop a material requirements plan that will yield 100 units of product A at the start of week.
What are pros and cons of an outcome-oriented culture? Think about an organization you are familiar with. On the basis of the dimensions of OCP, how would you characterize its culture?
Explain the historical relationships between risk and return for common stocks versus corporate bonds.
Each year, the Schriber Corporation must determine how much to contribute to the company's pension plan. The company uses a ten-year planning horizon to determine the contribution which, if made annually in each of the next ten years, would allow for..
How much should be invested at 12% nominal interest rate, compounded monthly, to provide equal yearly payments of $10,000 per year for 6 years, starting 12 years from now? The interest rate remains constant.
The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives.
Determine two reasons why the Boston Consulting Group (BCG) portfolio analysis would be effective in developing a specific adaptive strategy for a healthcare organization. Provide a rationale for your position.
If at the beginning of the year we started with an empty warehouse what is the average annual setup cost for the dinnerware?
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