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Monthly loan applications for a local bank from 2002 through 2005 were as shown in the table.
a. Combining the monthly applications for each year, fit a linear trend equation and forecast the number of applications for 2008.
b. Determine the seasonal indexes and break the 2008 forecast in part (a) into its monthly components.
c. Combining monthly applications for each year, use exponential smoothing and α = 0.4 to obtain a forecast for 2006.
d. Use the seasonal indexes to break the 2006 forecast in part (c) into its monthly components.
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Demand for a certain subassembly in a toy manufacturing facility at the North Pole is 96 items per eight-hour shift of elves. The following six tasks are required to produce one subassembly.
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Is Method a multinational company? Explain. - Which environmental factors facing all global marketers is Method confronting as it begins to expand into foreign markets?
Explain why there is a trade-off between incentive and insurance considerations in a principal-agent relationship between owner and manager with hidden effort.
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