Solve it using a spreadsheet on excel. 2.Period12345(1).The forecasting technique F1 was used to forecast demand for cases of bottled water. Actualdemand and the forecasts are as follows:Demand6875707469Compute MAD, MFE and MSEPredicted DemandF16668727172

Answered: 2. Period 1 2345 (1). The forecasting…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Formulate the situation in matrix form. Be sure to indicate the meaning of your rows and columns. Find the requested quantities using the appropriate matrix arithmetic. A car dealer sells sedans, station wagons, vans, and pickup trucks at sales lots in Oakdale and Roanoke. The "dealer markup" is the difference between the sticker price and the dealer invoice price. The dealer invoice prices at both locations are the same: $15,000 per sedan, $19,000 per wagon, $24,000 per van, and $26,000 per pickup. The sticker prices at the Oakdale lot are $18,900 per sedan, $23,900 per wagon, $28,900 per van, and $28,900 per pickup, while at the Roanoke lot the sticker prices are $17,900 per sedan, $22,900 per wagon, $26,900 per van, and $30,900 per pickup. Represent these prices as a dealer invoice matrix D and a sticker price matrix S. Use these matrices to find the dealer markup matrix M for these vehicles at these sales lots. (Let row 1 represent the dealer in Oakdale and row 2 represent the…
Watch Cuban Missile Crisis: Three Men Go to War. 2. Analyze at least three critical decisions made in this movie, completing Movie Decision Analysis.docx Movie Decision Analysis.docx - Alternative Formats . (One complete sentence per box.)
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1– Please complete all work in excel. Use excel to make the calculations (cells can be clicked on to view any formulas used) and be sure to identify your answer, including units. You must have an excel file with formulas within the cell. a. XCountry Train Inc. specializes in trans-American moves for businesses and individuals through the delivery of containers. For every container the company loads on its trans-American rail, the business must pay the rail owners $8,000. In addition, containers are weighed and for each pound of weight, the company must pay $0.10. Harry plans to charge $0.50 per pound to his customers. The company finds out that to maintain the integrity of its containers, each container could only hold an average of 30,000 pounds. What would the company have to charge customers to make $8,000 in profit on each container?
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The Mechanical Engineering department has a student team that is designing a formula car for national competition. The time required for the team to assemble the first car is 100 hours. Their improvement (or learning rate) is 0.8, which means that as output is doubled, their time to assemble a car is reduced by 20%. Use this information to determine: the time it will take the team to assemble the 10th car. Create an excel spreadsheet having the following table. You must show the formula used in the excel sheets to calculate values in the columns. Plot Number of Units vs Time (in hours) and Number of Units vs Cumulative Time (in hours) in the same plot. Use different colors to distinguish the data.
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2. Period 1 2345 (1). The forecasting technique F1 was used to forecast demand for cases of bottled water. Actual demand and the forecasts are as follows: Demand 68 75 70 74 69 Compute MAD, MFE and MSE Predicted Demand M882IN F1 66 68 72 71 72