One of the planning objectives is to increase competition Select one: O a. False O b. True
Q: .7 .6 .5 .4 .3 .2 .1 0 -1- 012 3 Process A Process B Process C 4 5 6 7 8 9 10
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A:
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A: The correct answer is under-estimate.
Q: In what management practice control sheets would be least likely used
A: Answer: Option (B)
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Q: 36 Customer satisfaction depends on the customer expectations. Select one: a. False. b. True.
A: A customer or consumer is anyone who purchases a product or avails a service from the market…
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A: The data for the numerical example is given below. Three week weights = 0.3, 0.2, and 0.1 Four week…
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- Which is larger, Ws or Wq? Explain.Exercise Torecast CIT ▷ Complete the table Month 1 2 3 4 5 6 Forecast demand 700 760 780 790 850 950 Actual demand 660 840 750 835 910 890 ▷ What is MAD? MAPE? TS? Deviation RSFE (Cumulative sum of forecast errors) MAD (Mean absolute deviation) APE (absolute % error) +Q1 Given the Supply chain cost for a service is PKR 195 and the customer value is PKR 225. Determine supply chain surplus and consumer surplus. Q2 PizzaHut is a franchise based model which serves customers a variety of pizzas and related products. The service is purely customized. Identify whether the model is push-based supply chain or pull based supply chain. Can we a have push-pull boundary in PizzaHut case? How? Q3 Discuss Qualitative forecasting technique. Explain the situations where we use Qualitative methods. Discuss Delphi forecasting method and its challenge.
- 7 The SCD Model has four generic strategies. Select one: a. True b. Falsed. Now based on regression analysis predict the number of patients that Dr. Fok will see in year 11 and 12 based on the forecasted Robbery Rate - year 11 is 117.1 and year 12 is 120.8. e. What is the MAD? f. What is the correlation Coefficient – r-value? % g. Based on the overall analysis, how well does each model fit the data?The following table and plot show a variable "y" and the results of a model built to forecast its behavior. O a. O b. OC. Od. Actual @ 20 2.7 1129 43 3.5 5,8 4.6 Forecast MAE 0.083 Calculate the models MAE, MSE and MAPE MAE 1.150 MAE 1.886 1.1 3.9 MAE 1.150 4 MAE 1.271 3.6 4.8 4.7 6.0 6.3 90 MSE 1.445 MSE 1.445 MSE 6.909 MSE 1.445 MSE 1.810 MAPE 0.019 MAPE 0.321 MAPE 0.321 MAPE 0.431 # MAPE 0.418 Time Step Actual Forecast
- A summary of total charges from a small café’s natural gas bills is provided below: Month kJ Cost October 14 $187 November 17 187 December 30 230 January 35 264 February 33 270 March 20 200 Using regression analysis, the expected cost at 40 kJ would be Question 5Answer a. $296 b. $285 c. $102 d. $1621. Explain the challenges of managing service industry with suitable example? You being a service manager what the precautionary steps you will be initiating-Explain. 2. You are a manager working with operation department and your general manager asked to analyze the key external factors of the industry you are working with suitable example. 3. You are working with an airline company and your manager requested to submit report on elements of a good forecasting and explain pros and cons of delayed forecast.A. Find the tracking signal for each month. B. Does the model provide acceptable answers!
- P2. Over past 4 weeks, KAMM (Kuwait Arab Malls Monitor) reported a severe decline in French products consumption -- in Millions of items: 400M, 300M, 50M, 1M. KAMM need to know expected forecast next week.Company ABC is planning to introduce a new advanced model for their Juice Maker product. The process is mainly fabrication of parts followed by assembly of the final product. The design team of the company is assigned to perform the following tasks. Show how the data is obtained (survey, literature, actual from records). Justify any assumptions used in your analyses. Demand Forecast 6. To forecast the demand for the new model of the product including the following: a. Identify for the forecasting method that will be used: the time frame, demand behavior, and its causes. b. Use Adjusted Exponential Smoothing Model. c. The weighing factors (smoothing constants) to be selected based on experimentation. Inventory Management 7. Manage the inventory of the new model of the product including the following: a. Decide on the type of inventory. b. Use continuous inventory control system with Production Quantity Model. c. Justify any assumptions used in your analysis.Molly e-mailed her clients offering a free 30-minute massage for referrals. In the following validation set of 100, Class 1 reflects the clients predicted to provide referrals and Class O reflects the clients predicted to not provide referrals. Based on the confusion matrix, what was the True Positive (TP) of current clients who provided referrals for a free massage? Actual Class Predicted Class 1 Predicted Class 0. Class 1 Class 0 Multiple Choice 28 63 19 9 9 63