question 3 1. The table below summarizes the number of cars sold in thousands, in car dealerships over a year. make number of units sold ( thousands) Honda 4.8 Audi 3.2 Ford 4.2 Toyota 3.8 Kia 2.2 Is the data collected for this chart, quantitative, or qualitative? Make a Pareto chart for this data.
Q: A sheriff applies for the a reward offered by a bank to anyone who catches a bank robber. If the…
A: In the above scenario,the banker"s association has offered the reward in a jurisdiction, lets start…
Q: .1 A customer database is an organised collection of comprehensive information about individual…
A: It is important for any company to have the database of the customers and most of the companies even…
Q: Question 1 (b) A company is…
A: X1 = Project 1 selection, X1 =0 or 1 (0=if not selected, 1=If selected) X2 = Project 2 selection, X2…
Q: Question 1 (b) A company is…
A: Given data: Project Cost ($) Priority Points New Jobs X1 X2 X3 X4 X5 X6…
Q: Describe the primary key in database management? b) Describe TWO(2) ways primary key is useful in…
A: Data base management- now a days with the up gradation of technology, a person can save and…
Q: QUESTION 3 Laila is a part-time worker at the Marketing Department of Village Grocer, Tamarind…
A: A barrier is an obstacle which creates problems when an individual is doing some work. Marketing is…
Q: How many new office managers should they plan on hiring at each location? Use Hamilton's method.…
A: Campus Employee Atlanta 2900 San jose 9500 RTP 8000 Seattle 7300 Headford 5400 Austin…
Q: your newly started business needs an HR Manager that evaluates and forecast job requirements within…
A: Business deals with people also. People also include the employees. So to deal with the employees…
Q: A CFE of -140 suggests which of the following? Group of answer choices a. There is a bias towards…
A: The CFE stands for the cumulative sum of forecast errors. It helps to the measurement of the total…
Q: QUESTION 3: Describe a lawsuit involving startups for each of the following types of infringements…
A: Copyright Infringement: The utilization or utilization of copyright-ensured content without the…
Q: Question-3 : Read the below line and answer. Procurement extends from just defining work-sharing…
A: A procurement strategy is the long term plan formed by the organization that states sufficient…
Q: There are four general steps in conducting an external environmental analysis starting with scanning…
A: Environmental analysis is a strategic tool. It is a process to distinguish all the outside and…
Q: question 10.A competitive network results in a more balanced system of dominance compared to a…
A: Competitors are the ones who provide same or near to the same goods and services in the market.…
Q: To be successful in a foreign market operations, the choice of colors in international marketing…
A: a) True. In the market environment, the culturally scheme consists of a impact of religion,…
Q: What is a project? b. How is a project different from what most people do in their day-to-day jobs?…
A: Project management is all about overseeing all the activities that are related to the project and it…
Q: Question 1. What are the 5 types of people identified by W. S. Neff? 2. What is work related stress?
A: 1. The types of people which were identified by W.S NEFF were categorized into five ways. They are…
Q: You have been tasked by Corica Pastries, to setup a retail location anywhere in Malaysia, to…
A: Have you ever wondered how pastry stores always seem to have such drool-worthy displays? Well,…
Q: Question 1 (a) An effectively formulated operation strategy is critical to the success of a…
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you…
Q: Question 1: The definition of a model is: a detailed description of all variables affecting a…
A: An economic model can be expressed verbally or in a table, a diagram, or a condition. In case that…
Q: Because of the differences of consumers’ needs all over the world, a firm have to produce products…
A: In order to ensure that the company's products are sold to the intended buyers, it is important for…
Q: Find the optimal act using Maxi-Max criteria b) Find the optimal act using Mini-Max criteria c)…
A: THE ANSWER IS AS BELOW:
Q: Three suppliers provide the following data on defective spare parts. Supplier…
A: Given information Supplier Good Minor defects Major defects A 90 3 7 B 170 18 7 C 135 6…
Q: Suppose sales for the past 6 months have been 119, 82, 103, 117, 116, and 97 Using a smoothing…
A: As per the exponentially smoothening: Ft = (Ft-1) + a {(At-1) - (Ft-1)} Ft = Forcast for period…
Q: Question 9 Imagine that the total number of entries on a Product Page on Nike's website is 5000. The…
A: Note: - As the exact question that has to be answered is not specified we will answer only the first…
Q: Question 4: You have six tasks to which need to be completed as soon as possible. Each task requires…
A: The assignment procedure helps to assign the available resources to the available tasks such that…
Q: Question 1 part 1 Read the case below and answer multiple choice Case Assignment: CEC…
A: As per policy, we are supposed to answer only first 3 parts.
Q: QUESTION I As customers are often reluctant to eat in hotel restaurants because they assume that…
A: One of the ways in which the companies exapnd the business is throughh strategic alliance. The…
Q: Compare and Contrast career development and career management. Explain with examples the employee’s…
A: Concept of career management and development comes from the perspective that each employee when…
Q: NASA’s leadership has traditionally been based on technical people that were degreed in the hard…
A: Leadership is the most important attribute for shaping the culture of the organization and ensuring…
Q: Question 1: a- If you were going to conduct a training program what would you want to know about…
A: The training program is considered as an educational program for the employees to learn new skills…
Q: Employees with which personality trait are most likely to experience high job satisfaction?…
A: Personality is divided into five basic dimensions by personality psychologists: openness to…
Q: Assess these alternatives using ethical theories familiar to you What should she do, and why?
A: Betty's examination of prior year values has revealed suppression of income with a view to avoid…
Q: If 10 pallets are received each 8-hour day, what is the average number of pallets in the system on…
A: We will follow the two lines i.e, S/R- PRICING-STOCKING-CYCLE COUNT S/R-PRICING-SPOTTING-CYCLE COUNT…
Q: Question 7 of 10. You met a school board member. You want to discuss Wells Fargo banking options for…
A: Business ethics is one of the significant attributes in the organization. Without ethics the company…
Q: What is patron-client relationship/ties?
A: d. It is best explained as a give and take relationship because the client who provides for the…
Q: A small business is defined as one that is ___ not dominant in its field employs fewer…
A: A small business is a for-profit corporation, partnership, or sole proprietorship with fewer…
Q: You may produce seven products by consuming three materials. The unit sales price and material…
A: given,
Q: Companies A, B, C were evaluated as prospective suppliers of timber to a furniture manufacturing…
A:
Q: Question 2: Consider the following model: Minimize Z = 3x + 2x2, subject to 2x, + x z 10 -3x1 + 2x2…
A: a.
Q: ou manage an ice cream factory that makes two flavors: Creamy Vanilla and Continental Mocha. Into…
A: let number of quarts of creamy vanilla =x number of quarts of continental mocha =y z= 3x+2y= profit…
Q: Problem Statement: Hotel Booking System It would require the customers to get registered by…
A: Step 1The data used to identifies their uses is known as the test data. Test data verify the input…
Q: In a Competitive evaluation committee for the selection of competent sale force, as a senior…
A: In a Competitive evaluation committee for the selection of competent sale force, as a senior…
Q: question A manufacturer is developing a facility plan to provide production capacity for the…
A: Given data is
Q: Question 11 11. Given the following observations with binary variables: Observation Female Married…
A: Simple matching coefficient = (N00+N11)/(N00+N01+N10+N11) Where N00 = Number of samples where Both…
Q: Management is regarded as an art by someone, science by others and inexact science by many more. The…
A: Management is regarded as an art by someone, science by others, and inexact science by many more.…
Q: nce. The management of AB has no idea about the balanced scorecard model and has approached you for…
A: C)The Balanced Scorecard gives an amazing structure to building and imparting procedure. ... It…
Q: A maximum age limit for airline pilots for safety reasons is an example of _____. a. adverse…
A: Recruitment is the search of potential employees for an organization and the employees are made to…
question 3
1. The table below summarizes the number of cars sold in thousands, in car dealerships over a year.
make | number of units sold ( thousands) |
---|---|
Honda | 4.8 |
Audi | 3.2 |
Ford | 4.2 |
Toyota | 3.8 |
Kia | 2.2 |
-
- Is the data collected for this chart, quantitative, or qualitative?
- Make a Pareto chart for this data.
Step by step
Solved in 2 steps with 2 images
- Question 3 An organization uses a business intelligence system to predict products that tend to be purchased together. This is an example of. O A) Regression Analysis B) Cluster Analysis C) REM Analysis D) Market Basket AnalysisFont Paragraph Styles Question 3 Consider the following from an estate agent's business nationally: Month Houses Sold Jan Feb Mar 380 360 390 Apr May June July Aug Sep Oct 400 390 380 394 454 460 460 Nov Dec 430 370 a) Calculate the three point moving averages (quarters) and seasonal variation for the above data b) Define moving averages and how they're useful in forecasting (use Harvard referencing) c) At races, your horse, White Rum, has a probability of 1/20 of coming 1st, 1/10 of coming 2nd and a probability of 4 in coming 3rd. First place pays $5,000 to the winner, second place $4,000 and third place $1,350. Hence, is it worth entering the race if it costs $1050?Q1) Forecasting is both art and science. Describe the situations where we use Qualitative forecasting techniques and quantitative forecasting techniques
- Summarize various visual data analysis techniques which can be helpful for prediction of market survey of amazon products.It wouldnt let me take a screenshot of the table so I had to copy and paste it in here. My question is: How do you Calculate a moving average forecast using the last 2 and 4 dates of stay. What is the prediction for 7/1/2021 for each technique? Discussion Question 1 - 200 room hotel Forecasts MA 2 Errors MA 4 Errors ES (0.8) Errors ES (0.5) Errors Date Day of Week Rooms Sold MA 2 MA 4 ES (0.8) ES (0.5) AE APE AE APE AE APE AE APE 6/1/2021 Tuesday 123 6/2/2021 Wednesday 109 6/3/2021 Thursday 140 6/4/2021 Friday 199 6/5/2021 Saturday 179 6/6/2021 Sunday 140 6/7/2021 Monday 117 6/8/2021 Tuesday 132 6/9/2021 Wednesday 108 6/10/2021 Thursday 151…QUESTION 2:The manager of YTL Computers wants to develop next year’s quarterly forecasts of salesrevenue for its brand laptops. The sales are seasonal and the company believes that thefollowing most recent eight quarters of sales should be representative of next year’ssales: Year Quarter Sales (millions of dollars) 1 1 9.2 1 2 5.4 1 3 4.3 1 4 14.1 2 1 10.3 2 2 6.4 2 3 5.4 2 4 16.0 Determine the forecast of next year’s quarterly sales revenue for this line of laptops.Show all your workings.
- What is linear trend forecast.Company XYZ is a movie distribution company. It has kept records of total annual movie ticket sales for one community over last 4 years: Actual Sale 2015 96,480 94,300 97,800 92,100 2016 2017 2018 You used the moving average method to forecast 2018 sale using 2015, 2016 and 2017 information. And then you used the exponential smoothing model to forecast 2019 sale based on 2018 information, using alpha = 0.3. What is the forecasted 2019 sale? 8:42 pmq 1 An analyst must decide between two different forecasting techniques for weekly sales of roller blades. Based on the following data, answer the below questions. time Units sold 1 147 2 148 3 151 4 145 5 155 6 152 7 155 8 157 9 160 10 165 What's the MAD if the exponential smoothing technique with alpha 0.4 is used?
- a) Using the trend-projection (regression) method, develop a forecastfor the sales of Volkswagen Beetles in Nevada through year 6.b) What is the MAD?~c) What is the MSE?Forecasting Food and Beverage Sales The Vintage Restaurant, on Captiva Island, near Fort Myers, Florida is owned and operated by Karen Payne. The restaurant just completed its third year of operation. During that time, Karen has sought to establish a reputation for the restaurant as a high-quality dining establishment that specializes in fresh seafood. Through the efforts of Karen and her staff, her restaurant has become one of the best and fastest-growing restaurants on the island. To better plan for future growth of the restaurant, Karen needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance. Table below shows the value of food and beverage sales ($1000s) for the first three years of operation. Managerial report. Perform an analysis of the sales data for the vintage Restaurant. Prepare a report for Karen that summarize your findings, forecast and recommendation. Include the following: A time series plot. Comment on…Q1: Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Month February March April May June July 72.8 Income (in $ 70.0 thousand) 68.5 64.5 71.7 71.3 Use trend-adjusted exponential smoothing to forecast the firm's August income. Assume that the initial forecast average for February is $65,000 and the initial trend adjustment is 0. The smoothing constants selected are a = .1 and B =.2.