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A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality. She uses the following equation to estimate the trend component of monthly demand: Ft = 70 + 5t, where t = 0 in June of last year. Seasonal relatives are 1.10 for January, 1.02 for February, and .95 for March. What demands should she predict?
Spartan Castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere. Two processes have been identified that provide the same level of particulate reduction. What is the break-even quantity beyo..
Describe in detail a matrix structure for an organization. What types of competencies and technologies would be best suited for this kind of structure?
A manufacturing company must decide whether to manufacture a component part or purchase the component from a supplier. The resulting profit depends on the demand for the product. Demand can be Low, Medium or High. What is the optimum decision under t..
Why is it important for a leader to be able to manage across cultures. Communicate your thoughts on the following statement: "Leaders who cannot understand cultural differences in people cannot lead or manage them."
Project Management is a strategic necessity for the success of any business. Based on the reading in the chapters what do you think are the 5 most critical points in delivering successful Project Management
The use of reward systems in OD change programs
Analyze the techniques used to attain speed in a new product project. Discuss how these techniques might be used to bring a new beverage division in an established food company. Deduce the potential risks in a speed to market approach for this com..
Does the EOQ increase or decrease if estimates of setup (order) costs include fixed, semi-variable, and pure variable costs while inventory-holding costs include only pure variable costs? Vice versa? What are the implications? Explain.
Archer Contracting repaved 35 miles of four-lane interstate roadway working 10 days with a crew of five employees using $9000 of paving material. Which Corporation is more productive also by describe how much.
What is the EOQ? What are the total annual costs of holding and ordering (managing) this inventory? How many orders should Discount-Mart place with Specialty Lighting per year?
Suggest at least two (2) ways that your management style is likely to help or hinder you from being an effective manager. Provide an example to support your response.
What is the best decision based on an expected monetary value criterion, Page Engineering designs and constructs air conditioning and heating systems for hospitals and clinics. Currently, the company's staff is overloaded with design work
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