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Spreadsheet Modelling
1. A selected Forecast Model showed the lowest MAD at the beginning of the year with $60.5. If the following three quarters reflected the following MAD:
Would you stay using this model for the next year? Explain your answer.
2. The EOQ of the product you are purchasing is 20,350 units. The supplier runs 40,000 units per lot. He wants you to buy all of them since you are the only buyer of this product. What will you do? Explain.
3. A six sigma project was done and it was found that the temperature was affecting the production rate. The initial project measured the production rate trend to identify the potential reasons of concern. If you has to decide which parameter you need to control (temperature or the production rate), explain which one and why?
Explain Ten percent of the respondents smoke less than one half pack of cigs a day and while 3 times as many respondents smoke more than a pack a day
For problems 1- 3, use the appropriate normal distribution to approximate the resulting binomial distributions. A coin is weighted so that the probability of obtaining a head in a single toss is 0.3. If the coin is tossed 35 times, what is the prob..
public or private organizations should be allowed to discriminate openly against women?
Trigger For Organizational Change - what is a example that has proved to be a trigger for change in a wide variety of companies
There are three approaches to corporate venturing; the first is focused corporate venturing, the second is a dispersed corporate approach, and the third is the concentrated venture approach. True or false?
Explain what can your Learning Team or work team do to maximize its productivity? What is the value of storming in the group development process?
Describe the four functions of management and explain how each function relates to your own organization.
What you have learned through Chapter 10 of Principles of Fraud Examination, plus relevant experience
Explain adapt to the cultural practices of the country in which you are operating are rationalizations businesspeople sometimes offer for straying from their own ethical values when doing business abroad
How do we use or misuse language in advertising/marketing? Please support your answers with examples from real life.
Important information about Organization culture - Words can signify two kinds of meaning: denotative and connotative meaning.
To what extent do ethics and professional standards apply to project management, especially in cultures which may not share the same values as host culture?
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