3- 3. The sales of water pumps manufactured by X company is given below.Forecast the demand for the pumps for the next three years.Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Sales3033373942464850 5558

Answered: by X company is given below. sdund…

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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itative Analysis Haji Ismail Company is going to introduce one of the three new products: keropok, satay, and chips. As the market conditions (favorable, stable or unfavorable) tend to affect the payoffs of the products. Table 1: Condition of payoffs of Ahmad Company Product Favorable Stable Keropok Satay 18,000 12,000 9,000 11,000 7,000 Unfavorable 10,000 -5,000 Chips -6,000 What the objective that can be derived from the given situation? 2,000 Select one: O A. The objective to produce the products. OB. The objective to determine the market condition. O C. The objective to determine which product can be introduced to ensure the highest payoff. O D. The objective to determine minimize the cost of production.
Question 1: HEET company was established in 2013 with an aim to provide household electronics at a competitive price. The company is growing bigger from 95 employees in the beginning to more than 500 employees in 2022. The CEO of the company, Mr Abdulla in an interview said that "Yes we are growing but we still believe in the traditional organization structures. However, given the nature of our products, we may consider moving from mechanistic to organic type of organization". A. Describe the three traditional organization structures that the CEO is referring to. B. Differentiate between mechanistic and organic structures with reference to the above company.
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Year Quarter Period Cost/Unit ($) 1 1 1 $20.00 2 2 $17.23 3 3 $13.39 4 4 $17.94 2 1 5 $20.29 2 6 $25.61 3 7 $22.62 4 8 $29.63 3 1 9 $23.87 2 10 $20.35 3 11 $26.32 4 12 $25.50 4 1 13 $20.90 2 14 $28.48 3 15 $32.65 4 16 $25.78 5 1 17 $28.90 2 18 $32.61 3 19 $28.66 4 20 $25.27 6 1 21 $25.80 2 22 $35.71 3 23 $27.26 4 24 $27.89 7 1 25 $28.50 2 26 $28.64 3 27 $32.52 4 28 $28.24 8 1 29 $37.95 2 30 $28.59 3 31 $37.07 4 32 $38.16 Construct a time series plot. What type of pattern exists in the data? The time series plot shows a horizontal pattern.The time series plot shows a nonlinear trend pattern. The time series plot shows an upward trend pattern.The time series plot shows a downward trend pattern.The time series plot shows a seasonal pattern. (b) Use simple linear regression analysis to find the estimated parameters for the line that minimizes MSE for this time…
Year Quarter Period Cost/Unit ($) 1 1 1 $20.00 2 2 $17.23 3 3 $13.39 4 4 $17.94 2 1 5 $20.29 2 6 $25.61 3 7 $22.62 4 8 $29.63 3 1 9 $23.87 2 10 $20.35 3 11 $26.32 4 12 $25.50 4 1 13 $20.90 2 14 $28.48 3 15 $32.65 4 16 $25.78 5 1 17 $28.90 2 18 $32.61 3 19 $28.66 4 20 $25.27 6 1 21 $25.80 2 22 $35.71 3 23 $27.26 4 24 $27.89 7 1 25 $28.50 2 26 $28.64 3 27 $32.52 4 28 $28.24 8 1 29 $37.95 2 30 $28.59 3 31 $37.07 4 32 $38.16 Use simple linear regression analysis to find the estimated parameters for the line that minimizes MSE for this time series. (Round your answers to two decimal places.) b0= b1= (c) What is the average cost increase (in $) that the firm has been realizing per quarter? (Round your answer to two decimal places.) $ (d) Compute an estimate of the cost/unit (in $) for the next quarter. (Round your answer to two decimal places.) $
25. A manufacturer of a complex electronic equipment has just received a sizable contract and plans to subcontract part of the job. He has solicited bids for six subcontracts from four firms. Each job is sufficiently large so that any one firm can take on only one job. The below table shows the bids and the cost estimates (in 10,000's) for doing the jobs internally. Note that no more than two jobs can be performed internally. 360 • Quantitative Techniques in Management Job 3 6. 1 48 72 36 52 50 65 Firm 44 67 41 53 48 64 3 46 69 40 55 45 68 4 43 73 37 51 44 62 Internal 50 65 35 50 46 63 (a) How do you complete this table so that the problem can be solved by Hungarian method? (b) Solve the problem by Hungarian method, minimising total costs. (MBA, Delhi, 1987)
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6.When negotiating. the tendency is to want to win! Give two reasons why this is not a good approach when managing contracted relationships.
Q.1) Identify other key resources or capabilities possessed by Next discussed in the article. Capabilities: One of Next’s main capability which Wolfson implemented on Next was to change the existing methodology that was used by Bronek Masojada, with respect to his ideology which he executed was the use of the catalogue, and replace it with modern day technology by introducing ecommerce, which paved way for consumers to purchase goods online, this then gave Next a leverage over other stores as well as avoid the disturbances caused by Covid-19. With ecommerce next has been capable of generating 500m in sales in overseas Online store label which started off as an experiment selling sports wear has been making good money around 500m just last year With the innovation of total platform next has become online host for other well known brands to help launch their products on ecommerce. Which can bring customers to next website. With covid-19 around the corner next online sales have been all…

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by X company is given below. sdund Forecast the demand for the pumps for the next three years. Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 42 39 Sales 30 33 37 48 50 55 58 46