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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 4 weeks
Sales - 80, 100, 105, 90
Forecast - 60, 80, 95 75
Error - 20, 20, 10, 15
Error Squared - 400, 400, 100, 225
PCT Error - . 25, .20, .095, .167
A professor records the number of students who complain each week throughout the semester. If the class size is forty students, what are 3-sigma control limits for this class? Cons
Define the existing condition at work place
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
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examples of internal and external failure cost
Given that the question of open and closed systems is more of a continuum than a yes/no question, do you believe that more closed systems are better able to assess and improve thei
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What is the difference between assignment of contract rights and delegation of contract duties? Illustrate your answer with examples.
Stepping Stone Methods : This is a procedure of determining the optimal if any for improving each of the non basic variables in terms of the objective function. To determ
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