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Suppose you, as the manager of boston bbq, decide you would like to include more than just number of customers to predict sales of pork sandwiches. You decide to add number of discount coupons for pork sandwiches handed out in the previous week and an indicator for stores in low, middle, and high income areas as variables. You also increase the number of observations to 30 stores.
Your data gives you the following output:
a) What is the estimated regression equation?
b) Why is there no dummy variable for "High Income Areas" as there is with middle and low?
c) Is the overall model significant at the α = .01 level? How can you tell? d) Are each of the coefficients significant at the α = .05 level? How can you tell (explain whether or not each coefficient is significant)? e) How much of the variation in y is explained by our regression?
f) How many sandwiches do we predict will be sold if a store is in a middle income area, handed out 1500 coupons in the previous week, and has 464 customers?
Discuss with your class factors affecting pricing decisions. Identify the six stages involved in the process of establishing prices. Discuss why pricing decisions are important to an organization.
illustrate what would be the quantities that would desire amendment as far as Distribution Manager is concerned to service for week 2 and onwards.
The annual demand for a product is 16,400 units. The weekly demand is 315 units with a standard deviation of 90 units. The cost to place an order is $31.00, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0..
Your boss at Gerry Cook Products, Inc., has just provided you with the schedule and lead times for the bracket in Problem 14.8. The unit is to be prepared in week 10.
Your supervisors have come to you and told you that they want to have a better understanding of Maslow's Hierarchy of Needs. Their reasoning is to have a better understanding of where the workers who report to them are coming from in this hierarchy.
how does job evaluation aid in the process of establishing an internally aligned pay structure?be sure to cite your
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Operator first check which needed filter is in stock, n move to car, get into car, start engine, then idle car to warm engine.
Does its approach to decision making support good strategy execution? Why or why not?
What is this year's forecast using the linear trend (regression approach)?
In what ways does culture affect not only what decisions are taken (content), but also the way these decisions are made (process)? cited.
how does technology impact Travelers Insurance Company?
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