What are the disadvantages and advantages of moving average technique and simple exponential smoothing?
Q: When it comes to system analysts, what are some of the ethical challenges they encounter?
A: Systems analysis is the method where an individual understands the system in such a way that the inf...
Q: Titebond blends Methanol and Toluene to produce two types of wood glues. Glue 1 must be at least 70%...
A: Here, I have considered that all glue produced could be sold, as per the question I would formulate ...
Q: What is Visual literacy and information literacy
A: The term visual literacy can be understood as the capability of interpreting, negotiating and making...
Q: Discuss the basic assumptions made when using time series forecasting techniques as apposed to casua...
A: Time series on historical data and the variables forecasted are used in the time series techniques. ...
Q: Which of the following examples includes a properly formatted in-text citation for a paraphrase? A A...
A: Journal and articles on operations management or on any other subjects, when presented or referenced...
Q: What is types of growth strategy and how does each type of growth strategy help boost firm’ performa...
A: Growth strategy can be defined as an organization's plan for overcoming the current and future chall...
Q: PS.55 Four Corners is an IBC company that sells delicious Navajo tacos in the Crossroads Food Court....
A: Given, Option 1 : Fixed cost = $180 Variable cost = $0.24 Option 2 : Fixed cost = $365 Variable cos...
Q: a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new r...
A: For deciding the best location, the weightage of each component should be first computed.
Q: Voice International is deciding between 2 Philippine companies to provide its call center services. ...
A: Factor rating method will identify the most acceptable place faced on the consideration of a scaled ...
Q: Question 12 Which of the following project team members typically decides on the delivery and paymen...
A: A delivery and payment methods is the key in any project because the delivery of the project or the ...
Q: John Hospital contains 450 beds. The average occupancy rate is 80% per month. In other words, on ave...
A: High low method is a way to separate the fixed and variable costs with a limited amount of the data....
Q: Consider the market for cola soft drinks where Pepsi and Coke are dominating this market with well ...
A: The business model can be stated as the plan of the organization for generating high revenue or maki...
Q: PS.53 Brother I.D. Ricks is a faculty member at BYU-Idaho whose grandchildren live in Oklahoma and C...
A: (i) For the subcompact car, mileage is 38 miles / gallon, so its 1 mile per 1/38 gallon Cost is $3.4...
Q: Don’t Drink And Drive Brewery (DDAD) produces beer and ale. Beer sells for $5.70 per barrel, and ale...
A: Production planning is the demonstration of fostering an aide for the design and production of a giv...
Q: Which of the following is an example of disruptive technologies supporting Logistics? 1. Radio-fre...
A: In the question, we could see various disruptive technologies, these technologies are the use of rad...
Q: a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new r...
A: For deciding the best location for opening a retail outlet, the weighted score of each location has ...
Q: Using the information in the table above, write a system of three equations. (ii) Write the system i...
A: It is given that the dietitian desires each meal to meet exactly the daily requirement of proteins ,...
Q: SM.62 Suppose a company has $13,000,000 in (annual) revenue and spends 69% of its revenues on purcha...
A: Annual revenue is $13,000,000. Purchase spend is 69 percent of revenue. Decreasing purchase cost is ...
Q: A Liquor warehouse expects to sell 10,000 bottles of scotch whiskey in a year . Each bottles costs $...
A: Inventory cost incorporates the costs to request and hold inventory, as well as to regulate the conn...
Q: Explain the meaning of the saying that productivity is a relative measure briefly .
A: Productivity can be defined as the overall measure of the ability to produce a good or a service. Pr...
Q: Porter's value chain comprises five primary activities and four support activities. Which of the fol...
A: A value chain refers to a combination of many systems a company utizies in order to generate revenue...
Q: An electric utility company is trying to decide whether to replace its PCB transformer in a generati...
A:
Q: How do we incorporate probability into inventory decisions?
A: Probability & Inventory: Just knowing that it might occur does not really mean it's inevitable. ...
Q: How and why gaining business research skills will be helpful in your career within the supply chain ...
A: Supply chain management or (SCM) has evolved increasingly essential for associations & the suppl...
Q: 24. Darron Mack owns the Gas n' Go convenience store and gas station. After hearing a marketing lect...
A:
Q: Do you believe that a business case should be developed before a project's sponsors give their offic...
A: A business case can be stated as the case which provides the justification or the grounds for undert...
Q: The process that involves monitoring equipment and facilities, and performing routine inspections an...
A: Breakdown maintenance refers to the maintenance that is done on any equipment that is not in the sta...
Q: 4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5 units and D...
A:
Q: Elite Distributor magazine is currently working on determining the number of publications they shoul...
A: From the question, I would determine how many magazines are to be printed before the trade show, her...
Q: Investigate if project management software can assist you in better managing project expenditures.
A: The skills and practices necessary for successful project delivery are included in project managemen...
Q: ACTIVITY PREC. ACT. TIME ESTIMATES (days) to 2 6. A. 2. D. 2 B. 7 C, D G. 2. r.G 2. ) Construct a PE...
A: As per the guidelines, the first 3 subparts are solved. Expected time = to+4×tm+tp6 Using the formul...
Q: Cheryl Druehl Retailers, Inc., must decide whether to build a small or a large facility at a new loc...
A: Find the Decision Tree below:
Q: What is the problem with transporting Lincoln Electric's control systems to other national cultures?...
A: Lincoln Electric was established in the last ten years of the nineteenth century, and throughout the...
Q: 3 The M/M/1 Queue During peak time, customers arrive at a bank teller window (with a single teller) ...
A: λ = Arrival rate = 23 customers/hrμ = Service rate = 25 customers/hr1λ=a = Inter arrival time
Q: During peak time, customers arrive at a bank teller window (with a single teller) at a rute d 23 per...
A: Arrival rate λ = 23 customers per hour Service rate μ = 25 customers per hour
Q: The major problem addressed by the warehouse layout strategy is: a) minimizing difficulties caused b...
A: A warehouse layout refers to the physical design and makeup of the interior and exterior of the ware...
Q: be used to a potential project involving the creation of new technologies, such as mobile banking?
A: Mobile banking framework.
Q: Which product development strategy focuses on using complementing strengths to implement strategies ...
A: A strategic alliance is an agreement where between two or more companies to undertake a mutually ben...
Q: Defin e ergonomics. Discuss the role of ergonomics in job design.
A: Ergonomics is the study of how to make a job better for workers by tailoring it to their specific ne...
Q: True or False? "Market researchers always prefer to use secondary data because secondary data is che...
A: Secondary data can be considered as the data which has been already collected and is available form ...
Q: Imagine that you are a project manager. Your manager assigns you 50% of a business analyst, then ask...
A: The formula for the daily cost of allocating a resource at a percentage would be =Percentage value*d...
Q: How helpful is the Economic Order Quantity model for managers ?
A: Economic order quantity is the optimal order quantity that minimizes the overall holding and orderin...
Q: Hybrid ERP systems are beneficial for companies based in multiple geographical locations. Select o...
A: Enterprise Resource Planning often called ERP systems amalgamate the processes important for handlin...
Q: i. The efficiency rate of the training centre. ii. The utilisation rate of the centre. [
A: Design capacity = 1,800 employeesEffective capacity = 1,400 employeesActual output = 1,350 employees
Q: Which of the following is an example of application of Goal-Seeking Analysis? 1. How would my prof...
A: Because when the outcome is understood, goal-seek seems to be the process of determining the valid i...
Q: A retailer wants to understand the relationship between the sales units (in number of units) of a ne...
A: Here, the retailer wants to understand the relationship between the sales units of a new product and...
Q: ___ maintenance partners operators with maintenance personnel to observe, check, adjust, clean, and ...
A: Autonomous Maintenance is the first step of implementing Total Productive Maintenance. It covers the...
Q: Can you do this short answer ? A small work team consisting of Eddie, Cyndi, Gina, Jennifer, and R...
A: Ans1 Ralph and Eddie both energized the gathering by managing the negative remarks by taking care of...
Q: ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager of productions an...
A: given, ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager of product...
Q: Calculate the defects per million opportunities (DPMO). Calculate the defects per million (DPM). Cal...
A:
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Which are the six major reasons to accept Exponential smoothing techniques?What are the best statistical techniques and methods for comparisons, nonparametric evaluation, bivariate correlation, ANOVAs, Chi-Square, regression, and other appropriate techniques operationally?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?