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Calculate and answer parts a through d. Include all calculations and spreadsheets in your post. Explain why the moving average method was used instead of another forecasting method. What might be another forecasting method that could prove to be just as useful?
1) The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period.
Calculate a 5-year moving average to forecast the number of mergers for 2012.
Use the moving average technique to determine the forecast for 2005 to 2011. Calculate measurement error using MSE and MAD.
Calculate a 5-year weighted moving average to forecast the number of mergers for 2012. Use weights of 0.10, 0.15, 0.20, 0.25, and 0.30,with the most recent year weighted being the largest.
Use regression analysis to forecast the number of mergers in 2012.
Are the following objective functions for an LP model equivalent? That is, if they are both used, one at a time, to solve a problem with exactly the same constraints, will the optimal values of X1 and X2 be the same in both cases? Why or why not?
The line will operate for 6 hours per shift, 1 shifts per day, 6 days per week. What is the maximum possible output per week for this line?
Briefly explain the results of a What-If analysis
•As outlined in the textbook, there are five stages to the event planning process. Utilizing this five-stage process, develop a faux special event to be held in a location of your choice.
a shop that makes candles offers a scented candle which has a monthly demand of 360 boxes. candles can be produced at a
1. briefly describe the different cultural behavior in your country.2. in what ways are the business behaviors
Identify and describe three limitations of the relational model and recommend strategies to overcome these limitations.
Suppose that the economy is thought to be 2% above potential ( that is, output gap is 2%) when potential output grows 4% per year.
virginia rometty worked for IBM for more than years before she was named CEO. How do u think this experience affects her ability to plan, organizing lead, and control as CEO?Explain your answer.
Jane needs to try a more collaborative approach to working with suppliers. Will her approach work. Explain how should she adopt a more collaborative approach in future negotiations with suppliers.
What are some of the restrictions of each of the different forecasting techniques? Are there any circumstances when one technique would be preferred to the others?
How many units of the product should the retailer order to maximize total supply chain expected profit? What is the associated retailer's expected profit and the supplier's expected profit?
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