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What is exponential smoothing, what is the alpha factor? How is its value determined? How should sales history be decomposed to improve future forecasts? Why not use a simple moving average of sales data? And, after all, aren't forecasts out of date as soon as they are published, so why use them when we know they are wrong?
Public Works administrators are planning the workforce of this division for next year. Labor hour requirements for the next year are 8,000, 14,000, 29,000, and 18,000, for quarters 1 to 4 respectively. Each of the current 15 workers on the workforce ..
You have just become the safety manager for Podunk University. Your position is at the campus in Podunk, Colorado, and your predecessor left the job a year and a half ago. There has been nobody in the position during that interval. The commit..
Use the internet to conduct research on popular simulation modeling software applications. Find two applications to compare by examining the costs, features, and training requirements.
Compare and contrast top-down and bottom-up project estimating techniques. What is resource leveling on a project and what are its objectives
You represent top management for a US Based Dating Site called "Fluente", and you have decided it is time to go international to the country of Brasil. You have locations in Los Angeles and New York with about 1500 employees that work remotely. What ..
What specific ethical principles for guiding decisions and actions are illustrated in the Ethics Competency feature titled "Johnson & Johnson's Stakeholder Ethics and Principles?" You should relate specific statements in the code to specific ethical ..
A social worker employedin a county social services department as an eligibility worker has learned that local welfare reforms direct that she report any new children born to current welfare recipients. She fears that the new reporting requirment cou..
Snoblo, a manufacturer of snowblowers, sells four models. The base model, Reguplo, has demand that is normally distributed, with a mean of 10,000 and a stand deviation of 1,000. How will tailored sourcing affect the production and profits? Is tailore..
Describe the process of comparing and weighing alternatives and considering the effects of a decision on their own integrity and character.
Kathy Lentz, Rob Snyder, and Tom Rohm were all general partners in a consulting business. Each partner owned one-third of the business. The partnership agreement stated that all three partners must approve vouchers for payments in amounts exceeding $..
Using the exponential smoothing method of forecasting, calculate next month's approximate sales forecast, assuming that this month's forecast and actual numbers are $50.74Million and $54Million respectively. (Hint: Assume 1-? = 70% or 0.7).
Unlike large organizations, small organizations have been less active in integrating information technologies into their business operations. For example, some of the larger airliners use online information technologies to allow passengers to make re..
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