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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
Carter Dalton is well on his way to starting a new venture-- Max, Inc. He has projected a need for $350,000 in initial capital. He plans to invest $150,000 himself and either borro
The practice of caring for the "image" of a firm is sometimes referred to as reputation management. Select a company or individual who you believe has a controversial reputation an
Doug enters Jane%u2019s residence through an unlocked window that he lifts open at midnight, intending to steal her first edition copy of Sense & Sensibility, which he knows was re
In which of the following market structures would X-inefficiency be most likely to exist? 1. Perfect competition 2. Monopoly 3. Oligopoly 4. Monopolistic competition
Question 1: Describe the main growth strategies that a firm can pursue and discuss conditions that favour each strategic option. Support your answer with suitable examples.
Sharp Discounts Wholesale Club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every six minutes. Sharp Discoun
How do you think management practices might change in response to increasing government regulation in the banking and health care industries?
1. A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears), the followi
steps in designing process layout
How can Silicon border play a role in Mexico Hi tech manufacturing for US companies and the US market?
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