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Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swimming pool filters. He wants to use regression analysis to predict monthly sales volume based on the past 24 months. Is his plan sound? Why/Why Not? Advise Rocco on his plan and make suggestions as to what techniques from this course might improve his forecasting.
Write generalized form of transportation problem as LP problem. Also explain how to solve degeneracy in transportation problem.
Imagine you are the marketing manager responsible for developing marketing strategy for a bicycle company. Propose the strategic marketing process you will use being sure the name the stages, the activities included in the stages and stage specifi..
Why are benifits strategically important to employers, and what are some key strategic considerations?
Why do you think mary parker follett's ideas tended to be popular with business people of her day but were ignored by management scholars.
Is there an operation that you commonly deal with that may benefit from Poka-Yoke philosophy. Can you classify any non-value added waste in certain operations.
Illustrate what are you thinking about balance between with sustainable growth also high welfare level. Elucidate how the firm's profitability is altered by product mix.
Formulate the linear programming model for this problem. Illustrate what is the limiting raw material. Illustrate what alternatives could you suggest.
Your Organization has added a new dealership line to receive the key fob remote. The projected sales for the next six months are 150,000 cars, needing two fobs each. Consider explain how this affects capacity planning.
Managers must have the flexibility to change plans since the future is so uncertain. If the statement is correct
Sunny Park Tailors has been asked to make three different types of wedding suits for separate customers. The table below highlights the time taken in hours for (1) cutting and sewing and (2) delivery of each of the suits
Identify Marvel Entertainment Inc's resources, capabilities, and core competencies. Provide three findings of facts.
Compute MAD and MADE for management's technique, Do management's results outperform (ex have smaller MAD and MAPE than) a naive forecast?
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