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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
Architect Bob Berryman purchased a late model car from Fred's Ford dealership. Three months after he purchased the car, he had to replace two of the tires because he ran over nails
Describe the various approahes to tqm
An operation setback chart _____. is based on lead times that typically include move and queue times and indicates a schedule for when to make a part. is a schedule for when
What are the costs of the new systems that may be implemented? How do we justify their implementation at Can Go?
how to make the two handed chart
You're going to have to stretch your imagination for this question:. Assume you're involved in a panel interview team. Identify one strength and one weakness in this interview appr
Discuss corporate strategy and ethical issues surrounding a human resource strategy cantered around hiring software engineers on work visas at equivalent salaries or sourcing engin
Need these questions answered; Have to do a paper on the answers. 1. XYZ, Inc. is making decisions and taking actions with regard to pricing, promotion, and product design of th
Production Control After planning the next managerial production function is to control the production according to the production plans because production plans cannot be acti
When a firm is able to move to an assemble- To- Order capability from a make -To- Stock approach, there can be a substantial reduction in the number of things that must be tracked
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