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A. Describe the uses of qualitative, time series, and casual forecasts
B. What type of time series components would you expect for the following products and services? Provide your rationale along with your selection.
Monthly sales of a retail florist
A triage system has been proposed for the emergency room. On average 50 patients per hour arrive. The emergency room uses a triage system. First, patients who are entering must stand in line to register, then they are registered. Draw the process flo..
Susan plans to either place an order for 12000 gears from a supplier with the least cost quotation or recommend that WSI purchase the necessary equipment and make the gear itself.
Discuss the effects of diversity within a group on group performance. Explain with the help of an example.
Think of your primary place of employment. What type of business applications may qualify as good candidates to modeling them as linear programming problems? As you answer this question, think of the decision variables, objective function, and any re..
1. Define social responsibility? 2. What is an advantage to a business being socially responsible? 3. List the three main reasons for government regulation of businesses.
A barbecue sauce producer sells their product in a 40 ounce bottle. Their historical process mean has been 40 ounces with a standard deviation of 0.5 ounces. If their tolerance limits are set at 40 ounces plus or minus 2 ounce, what is the process ca..
Describe Zappos' market offering. What is Zappos' value proposition? How does it relate to its marketing offering? How does Zappos build long-term customer relationships?
Choose a very simple product or service and create a simple QFD matrix for it . For example, you may choose to create a simple QFD matrix for a cup of coffee, but any simple product or service will do. Keep the product simple because the matrix becom..
Before writing, think about some of the key attributing variables that are causing managers roles to change? Could the factors of change be related to:
A manager must decide between two location alternatives, Boston and Chicago. Boston would have annual fixed costs of $70,000, transportation costs of $60 per unit, and labor and material costs of $200 per unit. Which alternative would yield the highe..
What is the primary financial control tool used to manage the operations of an organization and how can it equip managers with the information they need to make decisions. Provide three examples.
Your current organization has 200 employees. The company has seven offices and approximately 20 employees that work from home. As is the case with many organizations today, the company cannot afford dedicated leased lines to connect all of its locati..
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