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National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 15 Mar. 19 Apr. 14 May. 25 Jun. 17 Jul. 24 Aug. 22 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.) Yt thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average thousands (3) Exponential smoothing with a smoothing constant equal to .30, assuming a March forecast of 20(000). (Round your intermediate forecast values and final answer to 2 decimal places) Forecast thousands (4) The naive approach. Naive approach 22 thousands (5) A weighted average using .60 for August, .20 for July, and .20 for June. (Round your answer to 2 decimal places.) Weighted average thousands.
Harvey Gold, the owner of Harvey's Specialty Shop, orders an unusual olive from the island of Santorini, off the Greek coast. Monthly demand for the olives is normally distributed with mean 15 and standard deviation 6. Harvey is willing to accept no ..
After learning more about affirmative action, do you feel that it is still necessary in the workplace? Why? Did affirmative action solve the problems it was intended to solve? Did it create more problems? Explain. As a manager in a firm which is thin..
Compare and contrast two of the five types of employee training presented in the textbook. Then, suggest one situation that would merit each type of training for various health care employees. Select two motivational theories as they apply to health ..
In the “ pull “ system, there is a delicate balance between market demand, production scheduling, and vendor resupply activity. Keiretsu calls for horizontal and vertical integration within a particular industry, by one or several Japanese firms work..
Imagine that you are a consultant just recently hired as a project manager for a software development project for a small, privately owned landscaping/nursery business. They currently use Excel spreadsheets to keep track of their inventory of plant s..
What are some of the benefits of imporoving employee financial literacy?
You work as a technical support manager for a satellite television company. As part of a company-sponsored tuition reimbursement program, you are also attending college courses part time and pursuing a degree in communications. When you state you the..
Describe the typical range for a system of progressive penalties
What reasons could account for an organization’s decision to implement a merger or acquisition strategy? How does an organization determine which of the two strategies to implement? Acquisition strategies can be complex. What are the primary problems..
determine an order size which will minimize the sum of ordering also carrying costs for every of the six-month periods.
Analyze quality improvement data to assess how it relates to the improvement process. Investigate a quality improvement organization to determine its potential applicability in healthcare improvement.
Define and give MARKETING examples of the following:-Independent variable-Variable-Dependent Variable-Temporal Sequence-Concomitant variation-Spurious association
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