ting model Fumptions purpose and lev
Q: explain fair value ( intrinistic Value) strategy?
A: Introduction:- The intrinsic value of a property is a measurement of its worth. Instead of using the…
Q: 4 With which stage in the family life cycle would the purchase of the following products and ser-…
A: (a) Bedroom furniture: A newlywed couple stage. Because of the increased obligations that come with…
Q: What value(s) is/are promised in the value proposition in Fig. 3.1?
A: The value proposition is what an organization promises through the product. It is the promise a…
Q: DEFINE DISCON(for dispersion and concentration)
A: Dispersion: As we all know that, Globalization and international trade has become more common these…
Q: with in agem er
A: An association is a gathering of individuals who cooperate, similar to a local affiliation, a cause,…
Q: Real Estate Entesrprises Value Propsosition, Relevancy, and Quality
A: Value proposition, relevancy, quality are different aspects that an organization needs to fulfill in…
Q: flicts is inev e true or fal
A: Features of conflict: 1.Interdependence and interaction are required, whether they be genuine or…
Q: Consider AI's pros and cons.
A: AI- artificial intelligence Artificial intelligence is the computer emulation of human intelligence…
Q: Determine an advantage using a producy life
A: Product Life Cycle is the set and flow of strategies which the mangers follow for a product…
Q: Help with number 2
A: Counterfeiting is the process of imitating the original and the intention would be replacing the…
Q: Describe the Ansoff Matrix.
A: Ansoff matrix is used by firms to identify which extensive strategy the firm should use and then…
Q: Give FIVE [5] comment on Encik Aman’s suggestion to Anum.
A: Five comments on Encik Aman's suggestion to Anum : * Enick Aman judged Fadili's findings very…
Q: What is selection decision's in pre employment
A: Pre-employment is a process that is being followed at each and every hiring of a candidate in this…
Q: Discuss Four Views Of Consumer Descion-Making with Examples
A: The consumer purchase decision process refers to the process through which a consumer goes when he…
Q: Describe Kurt Lewin’s proposition
A: Organizational change: It views the procedure in which a firm alters its partial structure, complete…
Q: What needs exist in Bwaise
A: Kampala, Uganda's capital and largest city, has a neighborhood called Bwaise. It has evolved into a…
Q: dean hands a void contrect franciel essets
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: For a ne
A: The facilities expenses are what it costs the business to run and keep up their tasks, and cost of…
Q: Give 5 examples of bible verse with gerund or gerund phrase (include its function) highlight the…
A: A gerund word express is an expression that starts with a gerund word and capacities as a noun. How…
Q: which development most likely causeethe supply of a product to\ increas
A: The cost of production is influenced by changes in input costs, natural disasters, new technology,…
Q: hlhy are the prospectus anly used by a publie Canmpany?
A: A Prospectus can be defined as a document which is used by the public limited companies in order to…
Q: Explain Delphi Method?
A: Forecasting is the process of making predictions for the future based on the past and present data.…
Q: Upscale market are A and B consumers which are more exclusive in the aspect of distribution and…
A: Upscale market are A and B consumers which are more exclusive in the aspect of distribution and…
Q: differnce between organiztion and customer
A: resell Customers: They are the ones who at first purchase an item with an intention of exchanging it…
Q: s of differentiation in rgents? How does d
A: Differentiation is discussed as follows
Q: Explain the different kinds of decision applicable in specific situation.
A: Decision-making refers to making decisions between selected processes that may include inactivity.…
Q: Describe SNT
A: A special wants trust (SNT) is meant to regulate the distribution of assets in order that if there's…
Q: What does it mean to anticipate a requirement?
A: Anticipating a requirement refers to predicting the needs, or the outcomes of a process or a product…
Q: Suggest three (3) relevant closed ended questions.
A: Close-ended questions are generally formulated for obtaining quantitative data for statistical…
Q: spectively. Ass
A: Given Daily quantities= 70,140,280,35 Workday min=480 LT=0
Q: Explain how the Pareto phenomenon applies to:a. Preventive maintenance
A: Pareto phenomenon can be applied as preventive maintenance or breakdown maintenance.
Q: give two ways in which over commutation can occur
A: As far as I might be concerned, it implies reiteration of a similar message at any rate once, if not…
Q: Explain the äntesedant to modren quailit manageineut words own selevant examples.
A: The most important aspect of the modern quality management system is customer satisfaction through…
Q: 1. Definition political of marketing. 2. Definition regulations changes of merketing.
A: The term Marketing can be defined as the way of placing the right product in the right place, at the…
Q: market attractivenss
A: Market attractiveness is the degree upto which the market provides opportunities for the product or…
Q: discuss decision making in McDonald's
A: Decision making - It is considered as the most important part in every organization all the other…
Q: Defend the decision of prescribing the FRAAP approach
A: The marketing managers shoulders the challenging task of understanding the market trends and to…
Q: 4. Blistex was reviewing price and promotion alternatives for two products in its line: Regular…
A: Given, Blistex Regular U.P=$1.00V.C=0.2 Contribution=.75 U.V= 1,500,000 Blistex Sensitive Lips…
Q: Define multiperiod model
A: In the multi-period model, a multi-period preparation horizon is used to allow for the precise…
Q: Define Specifi c identifi cation method
A: Inventоry оr stосk is the gооds аnd mаteriаls thаt а business hоlds fоr the ultimаte…
Q: lt5 fuotion of tha Clannol of istribution
A: Disclaimer: Since you have asked multiple question, so as per the company guidelines, we can solve…
Q: What is Porter's Competitive Forces Model
A: Competitive strategy: It illustrates the long-term plan to acquire a competitive advantage against…
Q: discuss the transcedental view for McDonald's
A: The transcendental view is considered as a quality that is universally accepted and recognized and…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Under what conditions might a firm use multiple forecasting methods?The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars) through credit unions. a. Use these data to forecast consumer revolving credit through credit unions for the next 12 months. Do it in two ways. First, fit an exponential trend to the series. Second, use Holts method with optimized smoothing constants. b. Which of these two methods appears to provide the best forecasts? Answer by comparing their MAPE values.The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels. Management is trying to decide whether direct labor hours (DLH) or units produced is the better measure of activity for the firm. Monthly data for the preceding 24 months appear in the file P13_40.xlsx. Use regression analysis to determine which measure, DLH or Units (or both), should be used for the budget. How would the regression equation be used to obtain the budget for the firms overhead costs?
- The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six months of observations for validation purposes, use the method of moving averages with a carefully chosen span to forecast U.S. retail sales in the next year. Comment on the performance of your model. What makes this time series more challenging to forecast?The file P13_26.xlsx contains the monthly number of airline tickets sold by the CareFree Travel Agency. a. Create a time series chart of the data. Based on what you see, which of the exponential smoothing models do you think will provide the best forecasting model? Why? b. Use simple exponential smoothing to forecast these data, using a smoothing constant of 0.1. c. Repeat part b, but search for the smoothing constant that makes RMSE as small as possible. Does it make much of an improvement over the model in part b?A) What makes a forecast optimal? B) How would you asses the accuracy of a forecast? C) Suppose you had two, or more, competing forecasts for the same variable. How would you make use of these forecasts?
- Explain the trade-off between responsiveness and stability in a forecasting system that uses time-series data. Who needs to be involved in preparing forecasts? 3. How has technology had an impact on forecasting? What capability would an organization have to have to not need forecasts? Give three examples of unethical conduct involving forecasting and the ethical principle each violatesb) Use exponential smoothing with a smoothing constant of 0.30 to forecast the sales. Assume that last period’s forecast for month 1 is equal to actual to begin the procedure. b. Which method do you think is best? Is this an improvement over the weighted average- use MAD only ?Which of the following is not true of qualitative forecasting methods? a. They generally work best when combined with a quantitative approach b. They are more objective than quantitative methods c. They are largely non-mathematical d. They are not restricted to only the quantifiable data e. They come with the danger of biasing the forecast due to subjectivity Explain both true and false options briefly
- Accuracy of forecasts. The manager of a large manufacturer of industrial pumps must choose betweentwo alternative forecasting techniques. Both techniques have been used to prepare forecasts for a sixmonth period. Using MAD as a criterion, which technique has the better performance record?FORECASTMonth Demand Technique 1 Technique 21 492 488 4952 470 484 4823 485 480 4784 493 490 4885 498 497 4926 492 493 493Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90 (yesterday).a) Forecast the high temperature today, using a 3-day moving average. b) Forecast the high temperature today, using a 2-day moving average. c) Calculate the mean absolute deviation based on a 2-day mov- ing average. d) Compute the mean squared error for the 2-day moving average. e) Calculate the mean absolute percent error for the 2-day moving averageIt 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…