15 of 29 As manager of a retail outlet readying for an uncertain Christmas season, you're not sure how many extra staff to hire and you must pre-commit (decide before knowing busyness). What is the most you would be wiling to pay for a perfect forecast of season busyness? (Choose the closest maximum price). Season Quiet (50% Eke hood) Busy (50% fikelihood) Low staff levels High staff levels $15,000 $10.000 $22,000 $54.000 OA $2500 OB. $2100 OC. $2300 OD. $1900 lUnsure

php?attempt=104149&cmid%330865 aline Services v OS Ticket system My Dispense Academic Calendar N My courses 3) v Q b) Calculate the weighted moving average for periods 7 through 10 using weights of 0.6, 0.3, and 0.1. n Lo S : Cha Weighted moving Period Actual average 1 64 2 84 3 91 4 97 115 6. 135 7. 137 8. 144 6. 153 10 171 beriods 7 through 10. Use 5.

CASE EXERCISE: 4. "Demand Forecasting for an Insurance Company" For the past five years, an insurance company processed an average of 25,000 insurance claims annually. In 2010, the claims processed are shown below: Category of claims processed Non-life Insurance No. of claims adjuster personnel 9 Claims Processed 9,350 Life Insurance 4,880 12 Health care Insurance 15,000 8 Since there is a direct relationship between the number of claims adjusters needed and the category of claims processed, the insurance manager referred to their past years experiences. The Manager anticipates an increase in work load because the company is acquiring a small insurance business. the following data represent the manager's projection of the number of claims to be processed next year. Non-life insurance claims Life insurance claims Health care insurance claims 12,350 10,500 21,000 Questions: 1. What demand forecasting method should the manager use? 2. Using this method, calculate the demand for claims…

For questions 32-35, use the word list to label the circular flow diagram. I Household Market (Households Sell. Firms Buy.) 35. Market (Firms Sell. Households Buy.) Businesse 34. Product Factor Firms sell goods and services Households sell the factors of production Households pay for the goods and services

Creating detailed schedules and operating plans on a short term basis is the responsibility of which type of manager   Question 6 options:   front line   middle   top   team leaders

Please do not give solution in image format thanku

Naïve method versus three period Moving Average The number of major plumbing repair jobs performed by Augur’s Plumbing Service in each of the last six months is listed below.   Month                                Jobs      October                                92 November                            94 December                            98 January                                 95 February                               99 March                                  104        Use the ‘textbook’ naïve method to forecast April jobs (Ft+1 = Xt + (Xt – Xt-1). Use the three- period moving average to forecast jobs in April Based upon the MAD (mean absolute deviation), determine whether the three-period moving average or textbook naïve method is more accurate, based upon forecasts for January through March.

I need an excel sheet or how to produce any forecasting model for each product on the attached file

Time period Actual sales 1 18 2 22 If the forecasting value of period 3 is 19.6 using exponential smoothing, the smoothing constant is what?

Provide clear explanation