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Q.1: How forecasting helps in different disciplines of management science? Make a comparison between quantitative forecasting versus qualitative forecasting

5) We offered 50% of our drivers monetary bonuses to increase their activity. Compare the results with the control group and explain if the campaign was successful and should we do it again or not.                                     Condition: Stay online 30 hours and accept 75% of rides. Get 70€ bonus.                                                     Control Group Online hours Offline hours Bookings received Bookings successfully completed Bonus Group Online hours Offline hours Bookings received Bookings successfully completed Write here your answer about the results of the campaign Driver 1 15 35 15 13   Driver 55 33 19 29 25           Driver 2 29 21    30   Driver 56 5 55 6 6           Driver 3 17 23 12 10   Driver 57 32 8 19 16           Driver 4 31 19 31 26   Driver 58 32 18 29 26           Driver 5 36 24 44 24   Driver 59 38 22 20 17           Driver 6 14 26 10 12   Driver 60 17 23 10 9           Driver 7 5 40 5 4   Driver 61 4 46 3 3           Driver…

QUESTION 1The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average. ii. A three period weighted moving average using weights of 1, 2 and 3. Assign thehighest weight to the most recent data. iii. Exponential Smoothing when α= .6 and the forecast for March is 350.iv. Determine which of the three forecasting technique is the most accurate usingMAD.  b. The following table shows the number of televisions sold over the last ten years at alocal electronic store.YEAR TV SALES1 1502 3003 4804 6005 6306 6407 7008 8259 90010 980i. Using trend projection, develop a formula to predict sales for years 11 and 12. Youhave to show all working. You will need to develop a table to calculate the slope andthe intercept.…

QUESTION 1 The table below shows the sales figures for a brand of shoe over the last 12 months. Months             SalesJanuary             69February            75March                86April                   92May                    95June                 100July                   108August              115September       125October            131November        140December       150 a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average. ii. A three period weighted moving average using weights of 1, 2 and 3. Assign thehighest weight to the most recent data. iii. Exponential Smoothing when α= .6 and the forecast for March is 350.iv. Determine which of the three forecasting technique is the most accurate using MAD

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Directions: Given the excerpt from a research conducted by Herrero (2018), analyze the research instrument used based on the following criteria. NUMERACY INVENTORY DEVICE (NID): BASIS FOR CRAFTING STRATEGIC INTERVENTION MATERIALS (SIM) IN MATHEMATICS Rico A. Herrero Research Instrument In order for the researcher to gather necessary data, the researcher devised a tool called the Numeracy Inventory Device (NID) which measured the students' numeracy skills. This was composed of 80 items test which underwent validation by the mathematics experts such as master teachers, head teachers, etc. Moreover, in order to establish not only the validity of the device but also the reliability, sophisticated item analysis was also conducted. Out of these 80 items, 50 good questions were retained and became part of the device. The questions covered the following areas: Whole Numbers, Signed Numbers, Fractions, Decimals, and Percentages. After establishing the device's validity and reliability, the…

Question content area Part 1 The director of the Riley​ County, Kansas, library system would like to forecast evening patron usage for next week. Below are the data for the past 4​ weeks:                                                                                                Mon Tue Wed Thu Fri Sat Week 1 210 178 250 215 160 180 Week 2 215 180 250 213 165 185 Week 3 220 176 260 220 175 190 Week 4 225 178 260 225 176 190 Part 2 ​a) Calculate a seasonal index for each day of the week ​(enter your responses rounded to three decimal​ places).                               Part 3 ​b) Let x   =1 for Monday of Week 1. If the trend equation for this problem​ is:       y   =201.74   +​0.18x,   the forecast for each day of week 5 is ​(round your responses to the nearest whole​ number):

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Question Write a 1000 words report on a case study.   You have recently started a new job as a junior operations manager at Pet Kingdom, a pet supplies retailer. You are writing these reports to your line manager, Ms Lionheart, so the appearance and language of your reports need to be professional.   CASE STUDY - Forecasting    Your line manager, Ms Lionheart, has collected and scrutinised performance data for the company. She was concerned that the inventories were high for certain products which had resulted in significant price reductions and losses for the company. At the same time, the company had run out of stock for other items early in the season resulting in unsatisfied customers and lost sales. Ms Lionheart has concluded that the problem was not with the specific products carried in the stock, but with the quantities ordered by the procurement department for two popular products; Dog Ball Launcher and Lightweight Dog Lead. Dog Ball Launcher is a product carried by the company…

QUESTION 1 Sales of Fat Lips Burgers for 2012 are shown in the table below. 1. Do the 2 month SMA forecast 2. Do 2 month WMA forecast using the information below WMA – 2: last month, 1 – last 2 months 3. For the month of January 2012, the forecast was 438. Do the EMA forecast with the smoothing constant = 0.3. What is the forecast for Jan 2013? 4. Compare the forecasts above using MAD, MSE and MAPE. Which forecast method gives the least errors? Month  Actual Sales  Forecast Jan 2012 438   Feb 420   March 414   Apr 318   May 306   June 240   July  240   Aug  216   Sep 198   Oct  225   Nov  270   Dec 315   Jan 2013 -   QUESTION 2Dayang sells 5 kg bags of fertilizer to local farmers in Tg Karang. The sales data for the past 11 months is shown below. Month  Demand (10s of bags)  1 4 2 6 3 4 4 5 5 10 6 8 7 7 8 9 9 12 10 14 11 15 1. Find the forecast for the month 12 using the methods below: a. Simple 4 month moving average (SMA) b.…

Question: What should have been done by the government to address this problem?

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Question 4: An HR director is analyzing reports from the past and the present to understand future staffing. Which model is being used by the HR director?a. Judgmental forecastsb. Simple linear regressionc. Multiple linear regressiond. Turnover analysis

research findings and conclusion on the effect of rising food prices on low income household in Brown's Town

Situation 2: The Acme Warehouse Company received a consignment of 20ft lengths of 3in diameter stainless steel pipes. Acme had never handled pipe as part of their warehousing operation. The forklift truck operator assigned to this job used the truck's forks as a ram to load, handle, and unload the pipe. Inspection of the pipe by the owners revealed that the forks were bending and damaging the pipe.  Question/s: Suggest several alternative methods for eliminating the problem of pipe damage. From a cost and ease in application standpoint, select one alternative solution for adoption.

ul T-Mobile ? 22:07 89 % A coffeyvillecommunitycollege.mrooms.net Question 7 Not complete Marked out of 2.00 P Flag question In Norway and Sweden, there are: Select one: a. more bisexual relationships than same sex male relationships b. more male same sex registered partnerships than female same sex partnerships c. more bisexual relationships than same sex female relationships d. more female same sex registered partnerships than male same sex partnerships Check Question 8 Not complete Marked out of 2.00 P Flag question

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Summarize the article. KUALA LUMPUR, Aug 19 ― Hiring in the manufacturing sector nosedived to an unprecedented level in the first half of the year, latest industry survey data revealed, as factories and producers felt the full brunt of the movement control order enforced to contain Covid-19. Businesses recorded a record slump with activity index falling up to 59 points to 31 in the first half compared to the same period last year, while local and export sales fell 50 points each, the Federation of Malaysian Manufacturers (FMM) said today. Movement restrictions caused severe supply chain disruptions that wreaked havoc across the sector that accounted for more than a fifth of GDP, forcing employers to cull jobs and freeze hiring. Employment fell 82 points in federation's Business Conditions Survey. Only six per cent of respondents hired more while 69 per cent reported no expansion. “The first half of 2020 has been most challenging for Malaysian manufacturers,” the federation said. “The…

(Use the information below to solve Q11 - Q20) Given the following information regarding a project: Predecess ors None None a a b b Activity a b C d e CD f OC g h Duration 3 1 3 4 4 5 23 c, e f Which of the following is NOT a path in the network? O a-d O a-c-g b-c-g O b-e-g b-f-h

QUESTION ONE (b) The forecast of a product for the first week of January was 200 units, whereas the actual demand turned out to be 220 units. i. Find the forecast for the week of January assuming the smoothing constant 0.2 α =                                                                                                                   ii. Find the forecast for  the third week of third week of January if the actual demand of the second week is 210 units

A sheriff applies for the a reward offered by a bank to anyone who catches a bank robber. If the sheriff apprehends a bank robber will he be able to collect the reward?   Question 12 options:   A)  Probably, if he was off duty at the time he caught the robber,   B)  If he was on duty at that time...probably not.   C)  Yes it was an open offer.   D)  No, the bank's statement was only an invitation to negotiate   E)  A and B

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