Answered: A manufacturer wants to optimize its…

Name: A manufacturer wants to optimize its shipment of goods to its customer
Uploaded: 2024-03-20T07:06:27.000Z
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Description: A manufacturer wants to optimize its shipment of goods to its customers. To minimize their turnover time and avoid building up stocks that add costs, the wholesaler wants to know if weather conditions are important in determining the type of shoe dem

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A manufacturer wants to optimize its shipment of goods to its customers. To minimize their turnover time and avoid building up stocks that add costs, the wholesaler wants to know if weather conditions are important in determining the type of shoe demanded. Specifically, he would like to know if high temperatures affect the sale of closed, rubber-heeled walking shoes.

He the data showing the temperature recorded at the location of its retail shops, as well as their record of sales of goods, during each day of the past year.

What type of analysis should he conduct? What variables should be considered? Explain.

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