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Please help explain how to solve these problems, not only give the answers.
Problem
a. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
b. Forecast September sales volume using each of the following:
(1) A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.)
(2) A five-month moving average. (Round your answer to 2 decimal places.)
(3) Exponential smoothing with a smoothing constant equal to .20, assuming a March forecast of 16(000). (Round your intermediate forecast values and final answer to 2 decimal places)
(4) The naive approach.
(5) A weighted average using .70 for August, .10 for July, and .20 for June. (Round your answer to 2 decimal places.)
Identify three reasons it is important to use an independent facilitator to collect and implement lessons learned to improve management of current
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A production line has three machines A, B, and C, with reliabilities of .98, .92, and .92, respectively. The machines are arranged so that if one breaks down, the others must shut down. Which plan will provide the higher reliability? Compute overall ..
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