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One hundred customers at the Mall of Elbonia (MoE) were given a brief interview as they concluded their shopping trips. Examine the resulting data in the Mall of Elbonia Interview Results file. For each customer (by row), the spreadsheet contains data on: The customer's gender. How long the customer spent in the mall. How much he or she spent on food and clothing purchases. The customer's rating of the mall's friendliness and attractiveness. MoE's concessions manager believes the average amount that mall customers spend on food during a visit has increased over the historical average of $18.75, due to the opening of some new upscale restaurants in the mall. Use the data in the file to test his hypothesis. (Mean results of food purchased is $20 from the file) What is the null hypothesis? Would you reject it at alpha = .05?
Discuss two options to prepare for this change using existing employees. Validate your options with substantiating cost/benefits information.
Spartan castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere.
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against?
Using Johnson's rule, illustrate what order should these occupation be done. Select one of the following answers.
Due to cutbacks at the company you work for, the division you manage recently merged with another division to minimize costs.
What is the number of orders per year if the manager uses the current order quantity of 1600? What is the number of orders per year if the manager uses the Economic Order Quantity?
Suppose which Always Rain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers which are more expensive however also more durable than the plastic ones. Forecast demand for the next four years.
Instead of a separate performance appraisal system, Nucor judges performance based on bottom line of quality, productivity, and profitability. What are the disadvantages of Nucor's choice?
Illustrate what do traditional stores have to gain from setting up an e-commerce side to complement their retail stores.
A venture capitalist company had invested in five new businesses during the last year. The results at the end of one year were as follows: Business A: Loss $500,000, Business B: Loss 900,000, Business C: Loss 250,000.
The numbers in parentheses indicate the minutes it takes those activity tp process customers. Elucidate how long does it take the average customer to complete this process. Illustrate what single activity is the bottleneck for the entire process.
Suppose that the Fisher hypothesis holds for an economy that has an expected real interest rate of 2 percent. for each of the expected inflation rates
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