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The manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows: Period Demand Predicted 1 129 117 2 194 200 3 164 150 4 91 100 5 84 80 6 132 142 7 126 128 8 133 124 9 95 102 10 149 150 11 109 94 12 85 82 13 129 140 14 134 128 a. Compute MAD for the fifth period, then update it period by period using exponential smoothing with α = .1. (Round your intermediate calculations and final answers to 3 decimal places.) t Period A Demand MADt 1 129 2 194 3 164 4 91 5 84 6 132 7 126 8 133 9 95 10 149 11 109 12 85 13 129 14 134 b. Compute a tracking signal for periods 5 through 14 using the initial and updated MADs. (Negative values should be indicated by a minus sign. Round your intermediate calculations and final answers to 3 decimal places.) t Period A Demand Tracking Signal 1 129 2 194 3 164 4 91 5 84 6 132 7 126 8 133 9 95 10 149 11 109 12 85 13 129 14 134
Discuss the organisational fit of the procurement function within three different cases - A project based organisation with project-based procurement
Heather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 Ultimate Steppers, which are to be shipped in week 8. Subscripts indicate quantity required for each parent. Assume lot-for-lot orderi..
Explain the process by which increased production volume leads to lower costs. Give an example from a real or hypothetical firm. Can this process apply to a service organization as well as a manufacturing one? If so, give an example. If not, explain ..
Organizational structure depends on a variety of factors such as the number of employees in the organization, the speed at which decisions need to be made, the subjectivity of the business to rapid change, and the collaborative nature of the work.
Why should a first-line supervisor understand the organization's objectives?
Although it has been more than 3 decades since the passage of the U.S. Airline Deregulation Act of 1978, the effects and wisdom of deregulation are still debated. Present one argument in favor or in opposition to airline deregulation.
Provide Two (2) examples of companies that HAVE been successful in the integration of customer delight, profitability, competitive advantage and effective value chain management AND and Two (2) examples of companies that HAVE NOT been successful in t..
Consider the following stateent: "The slack of a constraint multiplied by the shadow price associated with that constraint must equal zero." Is this true or false? Explain
You have been in company A for a 8 years and you just finished your bachlors and are due to a promotion. Your manager who was awaiting your degree completion resigns from the organization. The new manager is an outsider and he does not like you a lot..
What types of interviewing techniques might you also apply to your own potential interview with a future employer? How might thinking about the interview technique the employer might use better prepare you for the interview?
Create an audit report for a hypothetical project of your choosing. Be sure to include each of the six (6) minimum content requirements that should be included in an audit report.
Which of the following activities is non value added?
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