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A management analyst is using exponential smoothing to predict merchandise returns at an upscale branch of a department store chain. Given an actual number of returns of 154 items in the most recent period completed, a forecast of 172 items for that period, and a smoothing constant of 0.3, what is the forecast for the next period? How would the forecast be changed if the smoothing constant were 0.6?
Which of the following statements about systems theory is NOT true? It concentrates on individual components and the input and output of those components. It provides the conceptual foundation on which the development of information systems is based...
A souvenir retailer has an opportunity to establish a new location inside a large airport. The annual returns will depend primarily on the size of the space she rents and if the economy will be favorable.
There are several studies that have attempted to empirically investigate how these theoretical channels may affect a host country. What are the conclusions of these studies? Were there mostly positive impacts or negative impacts on a host country? Ex..
Identify an organizational-level goal that would be incorporated into an annual business strategy Develop three organizational development strategies relating to HRM you would utilize as a manager to support this goal. Create the goals utilizing SMAR..
Use the PEST (Political, Environmental, Social, Technological) and Porter 5-Forces Model to identify environmental and industry influences that should be a concern or present an opportunity to Proctor & Gamble. Provide a rationale for your response.
What are possible internal and external changes that may require changing the marketing organization design?
Assuming that you do not possess all of the skills to carry out every business function, which management skill would you acquire first, and why? What are the advantages and disadvantages of outsourcing key management functions, such as marketing and..
A large scale pharmaceutical manufacturing company estimates, based on a shipping fee of $1000 per order, that they can optimally balance inventory holding costs and shipping costs for one of their frequently used chemicals if they receive shipments ..
The Lake Placid Town Council has decided to build a new community center to be used for conventions, concerts, and other public events, but considerable controversy surrounds the appropriate size.
A company is about to begin production of a new product. The manager of the department that will produce one of the components for the product wants to know how often his machine will be available for other work. What production run quantity should b..
Emarpy Appliance is a company which produces all kinds of major appliances. Bud Banis, the president of Emarpy, is concerned about the production policy for the companys bestselling refrigerator. The annual demand for this has been about 7250 units e..
What is the optimal strategy for each player?
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