EBK BUSINESS ANALYTICS
3rd Edition
ISBN: 9780135231906
Author: Evans
Publisher: VST
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Textbook Question
Chapter 1, Problem 3PE
A supermarket has been experiencing long lines during peak periods of the day. The problem is notice ably worse on certain days of the week, and the peak periods sometimes differ according to the day of the week. There are usually enough workers on the job to open all cash registers. The problem the supermarket manager faces is knowing when to call some of the workers who are stocking shelves up to the front to work the checkout counters. How might business analytics help the supermarket manager? What data would be needed to facilitate good decisions?
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The role of forecasting in ensuring proper management of customer orders
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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
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250
213
165
185
Week 3
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260
220
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190
Week 4
225
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225
176
190
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Day of the week
Mon
Tue
Wed
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Sat
Seasonal index
Chapter 1 Solutions
EBK BUSINESS ANALYTICS
Ch. 1 - Discuss how you might use business analytics in...Ch. 1 - How might analytics be used in the following...Ch. 1 - A supermarket has been experiencing long lines...Ch. 1 - For each of the following scenarios, state whether...Ch. 1 - Suppose that a manufacturer can produce a part for...Ch. 1 - A bank developed a model for predicting the...Ch. 1 - Four key marketing decision options are price P,...Ch. 1 - Total marketing effort is a term used to describe...Ch. 1 - A manufacturer of headphones is preparing to set...Ch. 1 - In this chapter, we noted the importance of...
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