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 are the functions of a manager, What are the functions of a ma...

What are the functions of a manager? If you had to pick one as being the most important function, which would it be and why?

Explain what should johnson estimate time and parts costs, Johnson Industri...

Johnson Industries received a contract to develop and produce four high intensity long distance receiver/transmitters for cellular telephones. The first took 2000 labour hours, and

Explain what type of noise was experienced, Choose a communication situatio...

Choose a communication situation you recently experienced at your workplace or other organization you are affiliated with. Use the human communication process described on pages 10

accounting for labours, labour efficiency rati

labour efficiency ratio

Process flow, process flow analysis

process flow analysis

Explain an environmental scan or swot analysis, Conduct an environmental sc...

Conduct an environmental scan or SWOT analysis of Azul Linhas Aéreas Brasileiras's current reality and recommend whether the company's current strategy is poised to succeed

Explain what does it mean to be a risk-tolerant organization, What does it ...

What does it mean to be a risk-tolerant organization? How does that relate to the level of creative that is likely to develop in an organization?

Three methods of system classification, 1. Name three methods of system cla...

1. Name three methods of system classification and typical examples. Answer: 1. Volume/variety; 2. customer interaction/labour intensity; 3. Boulding's classification.

Explain how can healthcare service providers avoid claims, Part I: Avoid cl...

Part I: Avoid claims rejections A payer may delay or deny payment because of inaccurate or missing information in a submitted claim. Many contracts require payment within a spec

Define skills needed in order to succeed as systems analyst, Discuss the ty...

Discuss the types of skills needed in order to succeed as a systems analyst

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages