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The Chairperson of the Department of Business Administration at TSU wants to forecast the number of students who will enroll in Operations Management next semester in order to determine how many sections to schedule. The chair has accumulated the following data on enrollment for the past 8 semesters: Students Enrolled Semester in OM 1 270 2 310 3 250 4 290 5 370 6 410 7 400 8 450 a) Compute an exponentially smoothed forecast for semester 9 (next semester) with α= 0.30. Use 270 as the forecast for the 1st semester.
Think of how you will create value by making it more advantageous to employ or contract with your technology business. Ideally, you provide more value than just being inexpensive.
A cafeteria serving line has a coffee urn from which customers serve themselves. Arrivals at the urn follow a Poisson distribution at the rate of three per minute.
Contrast the meanings of the terms job enlargement and job enrichment. What is the purpose of approaches such as job enlargement and job enrichment?
Give an example of a product or service for which you have a very price inelastic demand (i.e. you'll continue to purchase about the same even if the price goes up quite a bit). Since the change in quantity is so much more than the change in price, I..
Conduct an Internet search for information on linear decision-making. Then, discuss your findings and contrast it with what the authors offer in the textbook. Next, discuss how a linear decision-making model could have helped you in making a past dec..
Provide examples of the ethical, social, political, and security issues faced by organizations that use information systems. Explain how you would secure information systems used by digital firms
Which of the following is least important as a consideration for a firm at the beginning of a supply chain?
Define whistle blower and how they affect an organization.
Employee performance may or may not be measured in some way by the employer as part of their review process. If you are a customer service representative, for instance, your performance standards may be based on how many calls you complete per hour. ..
Systems review represents a stage in a systems development lifecycle. Describe the main areas that should be considered as part of such a review.
Assume that your company is shipping general cargo nationwide to your customers. Develop a plan to obtain shipping rates for potential modes of transportation and how you intend to allocate the products into the different modes.
A virtual company: uses the capabilities of other companies without being physically tied to those companies. uses Internet technology to maintain a virtual storefront. uses Internet technology to maintain a networked community of users. provides ent..
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