а. Write down the definition of Associative model forecast with appropriate example. b. Compute MAD, MSE and MAPE for both of forecasts from the following Data. Which one seems more accurate and why?

Who are the external customers using self-service kiosk in a hotel?

explain discrete -event simulation model with example.

Pine Valley Furniture Pine Valley Furniture recently implemented a new internship program and has begun recruiting interns from nearby university campuses. As part of this program, interns have the opportunity to work alongside a systems analyst. This shadowing opportunity provides invaluable insights into the systems analysis and design process. Recently you were selected for a six-month internship at Pine Valley Furniture, and Jim Woo has been assigned as your supervisor. At an initial meeting with Jim Woo, he explains that Pine Valley Furniture is currently involved with two important systems development projects, the customer tracking system and WebStore. The purpose of the customer tracking system is to enable the PVF marketing group to track customer purchase activity and sales trends better. The WebStore project will help move the company into the twenty-first century by facilitating online furniture purchases, with an initial focus on corporate furniture buying. During your…

An employee arrives to work at 8:00 AM and is scheduled to conduct blood specimen testing. The equipment, however, is not working and cannot be repaired until at least 9:30 AM. In the interim, the supervisor instructs the employee to stay in the department until the repair specialist arrives. While waiting the employee does some studying for a course he is taking at the local community college.Is the employer obligated to pay the employee for the time the employee studies?

What is the total cost for these services ?

ABC Solutions is a traditional company in a textile industry with a combined workforce of 150 staff. Due to increased levels of competition, this company is now increasingly finding it difficult to compete – especially as the larger companies seem to be a little more innovative, agile and responsive to client requirements. Management have noticed that staff, especially the highly skilled ones, are now leaving the company to seek work elsewhere (in these larger companies). This has meant appointing new staff and undertaking a considerable amount of re-training to replace those that have left the company. Apart from impacting on core business operations, ABC Solutions has started witnessing a drop in its profit margin. Given this position, senior management at ABC Solutions have decided to implement a performance measurement tool (PMT) that would allow them to align the strategic, management and operational requirements of the business. They are therefore considering the adoption of the…