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The actual demand of the patients at Omaha Emergency Medical clinic for the first six weeks of the year are as follows: week Actual # of patients 1 65 2 62 3 70 4 48 5 63 6 52 a.) Compute a simple exponential smoothing forecast for week 7 with a=5. Assume the forecast for week 1 is 65
What are the three elements that require integration to be successful in operations and supply chain management?
What are some different companies that could benefit from using this type of inventory management and why?
A local television station plans to drop four Friday evening programs at the end of the season. Steve Botuchis, the station manager, developed a list of six potential replacement p
Determine the factors that should be evaluated when creating competitive strategy of a business. For each factor, indicate its significance. Provide support for your answer. Evalua
Company vice-president, acting with what he thought to be company policy, fired a manager (Dean) that had filed for divorce and moved in with a female co-worker. He was fired on gr
discuss what do you understand by operations?
What are some practical limits to economies of scale?
During busy periods, a new customer walks into LHS every 15 mins. (with a standard deviation of 15 mins). At SHC, a customer walks in every hour (with a standard deviation of 1 hou
Analyze the characteristics of a successful entrepreneur and determine if you have what it takes to start your own business. Provide specific examples to support your response.
The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units. Calculate the MAD, MSE and MAPE for these
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