What is easier to forecast

Assignment Help Operation Management
Reference no: EM131433726

What is easier to forecast?

•Gold medals in the Olympic won by the US ? is it reasonable and easy to forecast?

•Number of red Porsches sold in US vs total Porsches in the world? which one is easier and why

•Population of Utah vs. the population of the US? which one is easier and why ?

•Number of chocolate chip cookies sold by Mrs. Fields vs. total cookies? which one is easier and why?

Reference no: EM131433726

Questions Cloud

Team comprised of relatively long term experienced employees : You have recently been hired to lead a team comprised of relatively long term, experienced employees. Their performance has been generally satisfactory, however changes are coming and it will be your job to affect this change.  What are the potential..
Discuss the type of data needed for such a system : Discuss the type of data needed for such a system (attributes), the data types of these attributes, and data sources (where you might obtain such data, such as Point of Sale).
How imposing rent controls affect number of housing units : The famous Swedish economist Assar Lindbeck remarked in his book on rent controls, "Rent control appears to be the most efficient technique presently known to destroy a city-except for bombing." How does imposing rent controls affect the number of ..
Competitive advantages over competitors : Using the same organization as above, what kinds of competitive advantages over competitors does the organization intend to try to build?  What do you think are the best strategies to build them and why?
What is easier to forecast : What is easier to forecast? Gold medals in the Olympic won by the US ? is it reasonable and easy to forecast? Number of red Porsches sold in US vs total Porsches in the world? which one is easier and why. Population of Utah vs. the population of the ..
Competitive advantages over competitors : Using the same organization as above, what kinds of competitive advantages over competitors does the organization intend to try to build?  What do you think are the best strategies to build them and why?
Competitive advantages over competitors : Using the same organization as above, what kinds of competitive advantages over competitors does the organization intend to try to build?  What do you think are the best strategies to build them and why?
Direct marketing strategy and marketing technology : Consider the direct marketing strategy and marketing technology needs of B2B organizations, and then conduct an online search for marketing tools for such businesses. Industry-specific sources are good choices as well as broader resources. Post a des..
Global business environment : Globalization is transforming the way some products are marketed internationally. Some companies implement a global strategy that uses similar promotional messages and themes to market the same product around the world. Outline the marketing and prod..

Reviews

Write a Review

Operation Management Questions & Answers

  Defining special and common causes of process variation

Discuss variation by defining “special” and “common” causes of process variation. Provide an example of each. Discuss what your response of correction would be for each example.

  Acquisition planning teams worked together

Two IT acquisition planning teams worked together to study the same problem and develop alternative solutions for solving it. The teams then separated and each developed a work breakdown structure for the same alternative solution. The teams then com..

  Applications for home mortgages and commercial loans

A financial services company processes applications for home mortgages and commercial loans for its clients. Both types of applications are first reviewed by the screening department. It takes this department 30 minutes to review each home mortgage a..

  What are the quarterly cash flows and their present value

Development Cost $ 810,000 Estimated Development Time 9 months Pilot Testing $ 230,000 Ramp-up Cost $ 310,000 Marketing and Support Cost $ 156,000 per year Sales and Production Volume 44,000 per year Unit Production Cost $ 85 Unit Price $ 172 Interes..

  Registered nurse has a full time job at hospital

A Registered Nurse has a full time job at Hospital A, where she works 40 hours per week on five 8-hour shifts. But she has fallen behind on her credit card payments and needs to earn more money. She applies to Nurse Locators, a temporary placement or..

  Steadily increasing over past decade-transportation function

The growth in the use of 3PLs has been steadily increasing over the past decade. As stated in the text, there are often good reasons to outsource all or part of the transportation function, but there are also downside risks. As the VP for Logistics i..

  What taxes would john pay as a closely held corporation

Assume, John Hankins, who owns Hankins Construction Co. and runs it as a proprietorship, had gross profit last year of $ 100,000. His personal and family expenses are $50,000 and he has $10,000 in exemption and deductions. As a proprietor, he paid $2..

  Diagonal highway between boulder and longmont

The Boulder County Highway Safety Department monitors speeding tickets issued on the Diagonal Highway between Boulder and Longmont. Speeding tickets issued on the Diagonal have averaged 12 per month. Which type of control chart should be used to moni..

  The fact that the consumers cannot hold

Consumers cannot hold, touch, or see an LA Galaxy soccer game before the purchase decision (the decision to purchase a ticket). The fact that the consumers cannot hold, touch or see what they are purchasing before they commit to the purchase exemplif..

  What is business process management

What is business process management (BPM)? Why do processes need management? What are BPM activities?

  What is the annual operating cost of the inventory system

The corner convenience store (CCS) gets its cool drinks delivered by a wholesaler at CCS, light cola sells at a rate of 40 six-packs per day. the shop is open 250 days per year. determine the Economic order quantity (EOQ). determine the average stock..

  Do you have valid employment contract

You own a hair salon. The next Ted Gibson is your friend, and wants to work at your salon. However, Jake, your friend, is only 14 years old. He looks like he is 27 though. You decide to hire him anyhow, and offer him $500 for each client that he work..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd