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The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting the product. To show this, the marketing manager has compiled the data below on sales (in thousands of units) and advertising budget (in thousands of $) over the past 5 months. The marketing budget allocated to this product in the next month is $3,500. Use linear regression to develop an equation for the relationship between unit sales and advertising $, and generate a forecast for this product. months sales advertising (thousands of units) ( thousands of $) 1 264 50 2 116 26 3 165 28 4 101 20 5 209 40 6 ? 35
What tools do HR managers have that will help them quickly and efficiently weed through the applications?
A management professor once said which for successful management, studying present was most important, studying past was next, and also studying future was least important. Do you agree.
Motorola obtains cell phones from its contract manufacturer located in China to serve U.S. market. The U.S. is served from a warehouse located in Memphis, Tennessee.
Explain why it is important to gain employee cooperation before beginning a job analysis program. Describe other issues and means that can aid in the job analysis process.
A large electric utility company has proposed building an $820 million combined cycle, gas-powered plant to replace the electric generation capacity at one of its coal-fired facilities.
Identify an organization that uses the Six Sigma DMAIC improvement approach. Describe in a short paper some of the ways that this organization has applied DMAIC and the results it has achieved.
Brainstorm your own ideas for making health care research more effective and more expedient, resulting in faster cures for existing and emerging diseases
Elucidate how well will the new resources would be utilised relative to the current operations. Recalling the capacity of 12 surgeons also 5 operating rooms, could the hospital really perform this many operations.
Lead times are sometimes called rubbery. What accounts for this concept of elasticity in lead times?
To maintain this stream of innovative new products, Regal constantly seeks design input from customers, dealers, and consultants. Design ideas rapidly find themselves in Regal's styling studio. What kind of benefits are Regal achieving by using CAD..
The General Store at State University is an auxiliary bookstore located near the dormitories thatsells academic supplies, toiletries, sweatshirts and T-shirts, magazines, packaged food items, and canned soft drinks and fruit drinks.
Bank then sought possession of his entire inventory, even though inventory was now twice as large as it had been when loan was made. Edward claimed that bank had rights to only half of his inventory. Is Edward Correct. Explain.
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