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The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting the product. To show this, the marketing manager has compiled the data below on sales (in thousands of units) and advertising budget (in thousands of $) over the past 5 months. The marketing budget allocated to this product in the next month is $3,500. Use linear regression to develop an equation for the relationship between unit sales and advertising $, and generate a forecast for this product. Months sales advertising (thousands of units) (thousands of $) 1 264 50 2 116 26 3 165 28 4 101 20 5 209 40 6? 35
Explain Sources of Manpower Recruitment. Sources of Manpower Recruitment: (i) From in the Company The sources of manpower recruitment for any company are as following
The question from my book is "How might Evo's (a business selling products online in the USA) international success actually harm its business?" I understand the question but I don
1) How do effective managers assess performance and what is the role and process of the Behaviourally Anchored Rating Scale (BARS)? 2) How is the critical incident technique used t
How critical is Vision to Strategy and in your experience, how well has your organization%u2019s vision (assuming one is in place) been connected to the organizational strategy?
Measurement of customer engagement through the feedback process helps the organization in all of the following EXCEPT- discover customer perceptions of how well the organization
Corporate cultures within companies that successfully implement TQM typically emphasize individualism, hierarchy, accountability, and profits. True False
Demand during lead-time for HP printers at a Sam's club store is normally distributed, with a mean of 500 and a standard deviation of 150. The store manager continuously monitors i
You have just been asked to lead struggling Yahoo, just as Marissa Mayer stepped into the role. Discuss the steps you would take in the first few months of your leadership. Explain
A chemical firm produces sodium bisulfate in 100-pound bags. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $100
What are some of the factors that cause organizations to redesign their products or services?
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