Compute your forecast of profit for a store, Operation Management

Assignment Help:

The XYZ Paint Shop owns and operates a dozen shops in northern Illinois. Their signature paint is diamond polished candy apple red lacquer. Sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars) by the regression equation Y = 10.543 + 0.88X. What is your forecast of profit for a store with sales of $30 million? $44 million?


Related Discussions:- Compute your forecast of profit for a store

Explain what organizations currently utilize six sigma, What is Six Sigma? ...

What is Six Sigma? Who started it? What organizations currently utilize Six Sigma

Explain time-phased product structure, The demand for subassembly S is 100 ...

The demand for subassembly S is 100 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Final

Explain what is the minimum number of workstations output, An assembly line...

An assembly line with a number of tasks is to be balanced. The sum of the task times is 100 minutes. The line will operate for 7 hours per day. What is the minimum number of wor

Product and Service Design, What are some of the factors that cause organiz...

What are some of the factors that cause organizations to redesign their products or services?

Explain communication behaviours destroy trust, One of the most important f...

One of the most important factors determining whether organizations and their members will be high performance is the presence of trust between leaders and followers. What types of

Explain limitations of interactive media and cbt, Simulate, a Texas aviatio...

Simulate, a Texas aviation training company, expected to whip the competition with FasTrakits computer-based training (CBT) curriculum for corporate pilots. Instead, the new ventur

Explain one aspect of minimizing litigation, Dedication of resources within...

Dedication of resources within an organization is Answer an indication of stockholder involvement. An unification of global resources under the parent company. One aspect of minimi

Explain what is controlling, Explain what is Controlling. Controlling i...

Explain what is Controlling. Controlling is defined as which managerial function that seeks to ensure an absolute conformity of actual performance through organizational person

Explain effectiveness change as an organization grows, The __________ _____...

The __________ ____________ ___________ approach to success suggests that measures of effectiveness change as an organization grows. Answer

Explain barriers to successful communication, Explain barriers to successfu...

Explain barriers to successful communication. Barriers to Successful Communication: A barrier to successful communication does not allow the transmission of correct and full

Write Your Message!

Captcha
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