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The actual demand for the patients of Omaha Emergency Clinic for the past 6 weeks follows: Week Patients 1 65 2 62 3 70 4 48 5 63 6 52 clinic administrator Marc Schniederjams wants you to forecast patient demand at the clinic for week 7 by using this data. You decide to use a weighted moving average method to find this forecast. Your method uses four actual demand levels with weights 0.333 on the present period, 0.25 one period ago, 0.25 two periods ago and 0.167 three periods ago. A.) What is the value for the forecast? B.) If instead the weights were, 20,15,15, and 10, respectively, how would the forecast change? explain why. C.) What if the weights were 0.40, 0.30, 0.20 and 0.10, respectively? Now what is the forecast for week 7?
Evaluate and describe the types of leadership and decision making you have observed in the public or nonprofit organizations where you have worked and which styles were the most effective in leading your organization
Briefly outline the purpose, scope, provisions and limitations of OSHA's Voluntary Self-Audit Policy. What are the risks to your company of this approach to achieving a safe work environment
What are the benefits of drug testing to employers and employees? What are the costs? Under what conditions would the benefits outweigh the costs? You should specifically address issues such as union contracts and the ADAA in your answer.
AFC is about to launch its new Wings N Things fast food nationally. The research department is convinced that Wings N Things will be a great success and wants to introduce it immediately in all AFC outlets without advertising. Draw the associated dec..
You have been part of the orthopedic center for 5 years. In that time, you have seen the center grow and the need for expansion. Write a paper of 2-3 pages discussing the external forces that can impact the decision-making process for growth.
Clement Bait & Tackle has been buying a chemical water conditioner for its bait (to help keep its baitfish alive) in an optimal fashion using EOQ analysis. The supplier has now offered Clement a discount of $0.50 off all units if the firm will mak..
You are responsible for all of Europe, including the United Kingdom, France, Germany, and Scandinavian countries. How will you approach the leadership role? What leadership style would be the most effective?
Sad Clowns, Inc., supplies special makeup cases to a major circus. The circus orders its EOQ of 900 cases every two months. Sad clowns incurs setup costs of $500 every time it produces these cases, and its annual holding cost per case is $3. How many..
Calculate the forecasts for periods 7 through 11 using moving average models with n 5 2, n 5 4, and n 5 6. Calculate the bias and MAD for each set of forecasts. Which moving average model is best?
Consider two systems, C and D. System C has three serial components each with reliabilities of 0.95. Two of the components have backups with reliabilities of 0.90. System D has three serial components with reliabilities of 0.90. Each of these compone..
As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly operation to achieve an output of 240 units per eight-hour day.
To provide much of the feed for the livestock, John wants to plant at least 1 acre of corn for each cow in the coming year's herd and at least 0.05 acre of wheat for each hen in the coming year's flock.
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