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1. All forecasting methods using exponential smoothing, adaptive smoothing, and exponential smoothing including trend require starting values to get the equations going. How would you select the starting value for say, F t-1
2. From choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate?why?
3. Discuss the basic difference between the mean abolute deviation and mean absolute percent error.
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in action in life or in your organization.
Microsoft Access is one of the most popular database platforms on the market. However, there are many competitors. Why do you think that Access is so popular? What are some of the other types of databases available?
What are the most common methods of organizing prospect information?
Imagine that you must fire an employee. Illustrate what effect might employee's dismissal have on your or workers. Explain how you would tell employee also your remaining subordinates.
What is the difference between nonfinancial and financial controls? Is a financial control a behavioral or an outcome control?
Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of operations within your organization or an organization with which you are familiar
Describe three ways to manage resources in integrated project management. Comment on the importance of the project management system in the process of assigning resources to a particular project or task
There are approximately 300 customers shopping in Fackert Department Store in Mexico City between 9 a.m. and 5 p.m. on Saturdays. All those entering the store will make purchases.
Every business move involves RISK. Expanding to a global corporate structure introduces is one of the top rated areas of risk right now. What can we learn from the model that IDEO has created regarding innovation?
what is the responsibility of individual employees to their employers and to their government, when there seems to be a conflict?
A firm that produces wood shutters and bookcases has received two orders for shutters: one for 100 shutters and one for 150 shutters.
An order fulfillment process normally operates two shifts a day, five days per week. Under normal conditions, 380 orders can be processed per shift. What is the daily capacity?
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