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Data collected on the monthly demand for lawn mower at Azaka Gaarden Supply are shown in the following table Period Demand for lawn mower January 10 February 12 March 18 April 16 May 19 June 23 July 26 August 30 September 28 October 20 November 17 December 12 a. Develop a four-month moving average forecast for Azaka b. If it is predicted that demand for January would be 14, with ? = 0.4, develop exponential smoothing forecast for February through January next year c. Resolve problem b) with ? = 0.6 d. What are the MADs for models ( a),(b), and (c) e. What forcast is the most accurate?
John makes wooden boxes in which to ship motorcycles. John also his three employees invest a total of 40 hours per day making the 120 boxes. Illustrate what is their productivity.
There are 600 fabrication hours also 480 hours of assembly time available this week. Each H contributes $40 to profits; also each W contributes $30 to profits. Illustrate what quantities of H also W will maximize profits. Use the objective functio..
Illustrate what are some types of organizations which may need to evaluate strategy more frequently than others.
Illustrate what changes in work situation account for increase in productivity and decrease in controlled rejects.
How would you apply the strategy in in your decision to select or not select the candidate? Include the selected strategy in your response.
what is the difference between a causal model and a time-series model? Give an example of when each would be used. What are some of the problems and draw backs of the moving average forecasting model?
you have developed a new work procedure that will increase productivity. your boss likes the idea and wants you to try it in a few weeks.
Describe the target market in the United States, including customer demographics and income levels. Describe the competition the product would face in the United States and how you would create a competitive advantage. Name at least two competitors..
The details of the case are set forth. You are to decide if direct-to-consumer advertising of pharmaceutical drugs is ethical.
Come up with two examples of such markets, and explain why the firms in those markets may feel they have no control over price.
Flower shop uses 750 clay pots a month. Illustrate what additional annual cost is the shop incurring by staying with this order size.
Explain how cultural diversity can affect the effective functioning of virtual teams operating in a global economy
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