Professor Z needs to allocate time among several tasks next week to include time for students' appointments. Thus, he needs to forecast the number of students who will seek appointments. He has gathered the following data: WEEK # STUDENTS 6 weeks ago 83 5 weeks ago 110 4 weeks ago 95 3 weeks ago 80 2 weeks ago 65 Last week 50 What is this week's forecast using trend adjusted (double) smoothing with alpha(1) = 0 5 and alpha(2) = 01, if the forecast for last week was 65, the forecast for two weeks ago was 75, and the trend estimate for last week's forecast was -5? O a 55 Ob 50 O c. 49 Od 78 Oe 65

Professor Z needs to allocate time among several tasks next week to include time for students' appointments. Thus, he needs to forecast the number of students who will seek appointments. He has gathered the following data: WEEK # STUDENTS 6 weeks ago 83 5 weeks ago 110 4 weeks ago 95 3 weeks ago 80 2 weeks ago 65 Last week 50 What is this week's forecast using trend adjusted (double) smoothing with alpha(1) = 0 5 and alpha(2) = 01, if the forecast for last week was 65, the forecast for two weeks ago was 75, and the trend estimate for last week's forecast was -5? O a 55 Ob 50 O c. 49 Od 78 Oe 65

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...

See similar textbooks

Similar questions

Please do not give solution in image format thanku
3 A message travels between the source and the received through Question 3 options: Environment Context Channel Feedback
Please do not give solution in image format thanku Lessons learned reports, policies, and procedures are examples of organizational ________ assets Question 5 options: fixed human process venture
________ is a low-probability but high-impact event that threatens the viability of an organization A crisis Discontinuous change Benchmarking Organizational knowledge
Which of the following issues is a potential disadvantage of online ads even though the cost per viewer for online ads can be cheaper than conventional TV commercials? Question 21 options: Limited color palettes Inability to overlay text on images Lack of sound Advertising fraud due to scammers and bots Content-licensing headaches
E-mail attachments should never be sent with office e-mail. True or false
Please do not give solution in image formate thanku You are the HR manager of a large retail chain. The company has recently experienced high employee turnover and customer complaints about poor service. The high turnover rate is primarily due to employees feeling undervalued and overworked, leading to burnout and a lack of commitment to the company. Additionally, many of the employees hired are new to the workforce and lack the necessary customer service skills to handle difficult situations. The customer complaints are mainly related to long wait times, unfriendly service, and inaccurate orders. As the HR manager, you have been tasked with finding solutions to improve employee retention and customer service. What strategies could you implement to address these issues and (1) improve employee retention and (2) improve the quality of customer service? *
Presentation about sales job analysis
QUESTION 8 One reason that many jobs are going unfilled today is because when advertising a position, employers ask that applicants have a college degree, whether or not it is actually necessary for the job. O True O False
29- Services are intangible and that is a problem for service marketers because customers cannot touch or feel service. Which of the following is MOST effective in overcoming intangibility? Group of answer choices use virtual reality to let customers get a feel for the service use robots or automation technologies offer monetary incentives to customers offer money-back guarantee 30- Department stores are those retailers who Group of answer choices heavily discount prices to undercut other form of retailers lack enough salespeople on the floor, so service is extremely limited carry a broad variety and deep assortment of merchandise carry a wide range of products, each with a limited selection of merchandise 31- Unlike advertising, public relations Group of answer choices is considered a human resource function converts mass media advertising into direct marketing supports promotional efforts by generating free media attention should not be considered part of the…
Please do not give solution in image format thanku 1. Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her supplier in Mexico. Although Valentine’s Day is fast approaching, sales are almost entirely last-minute, impulse purchases. Advance sales are so small that Weiss has no way to estimate the probability of low (20 dozen), medium (50 dozen), or high (100 dozen) demand for red roses on the big day. She buys roses for $15 per dozen and sells them for $40 per dozen. Construct a payoff table. Which decision (i.e., 20, 50 or 100 doz) is indicated by each of the following decision criteria? a. Maximin b. Maximax c. Laplace d. Minimax regret
Please do not give solution in image format thanku Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 35% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,800 loaves per month. Employees are paid $8 per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $800 and a per loaf ingredient cost of $0.40. Current multifactor productivity for 640 work hours per month = 0.271 loaves/dollar…