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A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 52 percent of capacity. A smoothing constant of 0.5 is used. a. Prepare a forecast for September. (Round your final answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 54 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) Forecast for October percent of capacity
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
How might a universal health insurance program change the current trends in the health care industry? In your opinion, are programs like that offered by Aetna to have surgery condu
Question 1: (a) Using appropriate examples, explain in details the different approaches that operations managers can use to reconcile capacity and demand. (b) Critically S
Your company has a market share of 25%. The total market size is $100 million. Your contribution margin (the ratio of the contribution per unit over the price per unit) is 20%. You
Given the new science realities, write your ropes to know and ropes to skip for leaders, including guidelines for planning, measuring, motivating people, managing change and inform
Consider a queuing system with 2 types of customers. Type 1 customers arrive according to a Poisson process with a mean rate of 5 per hour. Type 2 customers arrive according to a P
Explain your personal writing process. What has worked for you in your effort to produce quality documents? What is your biggest writing challenge?
Routing Meaning and Definition Routing is the first but the important and difficult task of the production control. Routing means determination of path or route on whic
Numerous laws that are enacted to protect consumers have been passed and business leaders have evolved to reflect this focus on consumer safety. Select one of the laws in Appendix
Successful Entrepreneurial Organizations identify an entrepreneurial organization that has been successful for at least 10 years. What factors have contributed to the organization'
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