Mark Price, the new productions manager for Speakers and Company, needs to find out which variable most affects the demand for their line of company speakers. He is uncertain whether the unit price of the product or the effects of increased marketing are the main drivers in sales and wants to use regression analysis to figure out which factor drives more demand for its particular market. Pertinent information was collected by an extensive marketing project that lasted over the past 12 years and was reduced to the data that follow: YEAR 1 2 3 4 5 6 7 UNIT SALES (THOUSANDS) 397 697 897 1,280 1,154 1,187 897 PRICE $/UNIT 281 220 207 211 220 208 217 ADVERTISING ($000) 575 828 1,117 1,412 1,215 1,280 906

What is rho in a FOUR server model? 0.156 0.001 O 0.195 0.009 0.237 (Choose the closest answer) 0.130

QUESTION 8 The variable to remove from the current basis is O the variable with the biggest positive ratio value. O the variable with the smallest positive ratio value O the variable with the smallest positive cj - zj value. O the variable with the biggest positive cj - zj value.

Question 2: State whether the following statements are true or false. If the statement is false, write the correct answer: a) Aiming for high quality production leads to low customer satisfaction. b) A service is an intangible asset since it does physically exist and add potential revenue to the organization. c) Operation management leads to a decrease in competition between companies, hence increasing product quality. d) Hotels are an example of organizations offering strictly only services. e) Operations management contribute to a better standard of living by offering high quality products and services.

Q2 need in 10 minutes

12. How and when would an organization use a: Standing plan Single-use plan 13. Why would a food and nutrition organization benefit from bot short- and long-range plans?

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Material Handling Systems Case The MFA Export Company ships sugar to many overseas ports. Over the years the company has stacked large bags of sugar onto pallets for shipping. Because of a lumber shortage, pallets for export have become very difficult to obtain. The management of MFA Export has presented the dock manager with the challenge of reducing the number of pallets used and/or to find a new way to supplement or change the stevedoring system. Question:  Can a system be devised to eliminate the shortage of pallets?

Thesis title: System and Digitalization: its effect to the inventory mangement to the construction industry Give the Theoretical paradigm of the thesis title

Practice Question 1 BackgroundKC Mechanic Shop was established by Mr. John, a seasoned mechanic who has over 20 years ofexperience in the automotive repair industry. Sales figures for the last ten months are as follows:-Months Actual Sales1 30,0002 39,0003 42,0004 50,0005 55,0006 61,0007 70,0008 77,0009 81,50010 90,000Spare Parts Use a three-period and a four-period weighted moving average to forecast salesfor the 12th month. (Use weights of 1,2,3 and 1,2,3 4). From the data provided in the case, use MAD to determine which forecastingtechnique is more accurate. If forecast for month 7 is $72,000, with an alpha of 0.4, use exponentialsmoothing to forecast sales for months 8 and 9.