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1)Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swimming pool filters. He wants to use regression analysis to predict monthly sales volume based on the past 24 months. Is his plan sound? Why/Why Not? Advise Rocco on his plan and make suggestions as to what techniques from this course might improve his forecasting.
2)What activities would be included in the value added time of fast food hamburger preparation and delivery? Why are these part of the Value Added Time?
3)Bruce is in charge of a production area for a company that makes small personal aircraft. He is working late on a monthly forecast for landing gear assemblies. He has decided to use exponential smoothing and last year's landing gear production numbers to forecast demand for the next three years. Is he on the right track? Why/Why Not? Explain.
Illustrate what is optimal solution. Elucidate how will spreadsheet model differ from 25 types of tables also 15 machine processes involved in manufacturing them.
Given the following line balance data: Task Predecessor Time (seconds) t ---- 15 u t 14 v t 7 w u 6 x v 8 y w, x 10 z y 21 Please draw the precedence diagram of the process.
Shirley Hopkins is developing a program in leadership training for middle managers. Illustrate what is total project completion time. Illustrate what is slack time for each individual activity.
Utilizing the formula for writing training objective, write a training objectives for the following: Please include all 3 of the elements components. Please Management, Customer Service and Stress Management.
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line.
Most organizations have or need to formulate a growth strategy. What are the different ways to do so? Provide specific examples of companies that have utilized these different ways.
A bank is retrofitting part of its value to hold safety deposit boxes. It plans to build safety deposit boxes approximately 6 feet high along the walls on both sides of a 20-foot corridor.
Articulate key aspects of operations management. Explain why operations management is important to managers in various organizational areas. Please provide specific examples
The last event, although forecasted to have 1,000 participants, resulted in the attendance of only 950 participants. What are the utilization and efficiency of the conference facility?
Compare also contrast three different types of entrepreneurs also state which you are most likely to emulate should you begin a small business. Assess impact of globalization also information technology on creation of small businesses.
Given Gasoline production function of QG = 72MG 1.5 MG2, illustrate what is gasoline marginal profit. Given fibre production function of QF = 80MF 2MF2, illustrate what is fibre marginal profit.
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table
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