SLO-3.3. The manager of a McDonald's restaurant is anexample of a(n)manager.Otop or top levelOmiddleOfirst-line, or lineOadministrative

Employees are the main resource of any organization. Managing the workforce will be a difficult task…

Answered: SLO-3.3. The manager of a McDonald's…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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V. Let's Explore / Let's Create 1. Discuss the other types of forecasting methods that financial analysts use to predict future revenues. 2. Are there any several other factors that may need to be considered that affects the sales forecast? RUBRIC Criteria Poor (3 Points) Fair (7 Points) Fair Good (10 Points) Good Deer
What factors make forecasting at Deckers particularly challenging? Howcan forecasts be made for seasonal, fashionable products for whichthere is no history file? What are the costs of over-forecasting demandfor such items? Under-forecasting?
2
4 .Substitute for Problem # 4 on in attachment)-Calculate the MAD,revised MAD and the Revised Forecast for months 1-6 for the following three groups,where the Forecast stands for Forecast Demand.Has your forecast improved ? Tell me how would you go about improving the revised forecast( for each of the three groups)without actually doing so? Estate Planning Group Auditing and Accounting Group Business Consulting Group Month Actual Demand Forecast Actual Demand Forecast Actual Demand Forecast 1 100 125 270 230 140 135 2 90 125 240 230 130 135 3 110 125 280 230 160 135 4 115 125 260 230 180 135 5 130 125 300 230 200 135 6 115 125 220 230 190 135
D.) compute MAPE for each data set. Which forecast appears to be more accurate?
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Show your complete solution for A, B, and C.
There are six different foods: Bread, Milk, Cheese, Fish, Potato, and Yogurt: Yo Milk Ch (a ees gur cup e (g) 8.0 Cost, $ Protein, g Fat, g Carbohy drates, g Calories, Cal Brea d (g) 2.0 4.0 1.0 15.0 90 3.5 8.0 5.0 11.7 7.0 9.0 0.4 120 106 Pot ato (g) 1.5 1.3 0.1 କ୍ଷ 22. 6 97 Fis h (g) 11. 0 8.0 7.0 0.0 130 (g) 1.0 9.2 1.0 17. 180 We have to find a diet that contains not less than 150 calories, not more than 10 g of protein, not less than 10 g of carbohydrates, and not less than 8 g of fat. Also, the diet should have minimal cost. In addition, the diet should include at least 0.5 g of fish and not more than 1 cup of milk. All decision variables: The amount of each type of food in the diet: B (bread), M(milk), C (cheese), P (potato), F (fish), Y (yogurt). Which of the following is the objective function? Minimize 2B + 3.5M + 8C + 1.5P+ 11F + Y Maximize 2B + 3.5M + 8C + 1.5P + 11F + Y Minimize 11B + 1.5M + 8C + 3.5P + 2F + Y Maximize 11B + 1.5M + 8C + 3.5P + 2F + Y None of these
Sales Forecast 1. what is a sales forecast? a. In a manufacturing and distribution company how often shoud the sales forecast be completed?
Both parts.
Suppose these data show the number of gallons of gasoline sold by a gasoline distributor in Bennington, Vermont, over the past 12 weeks. Sales (1,000s of gallons) Week 1 17 2 21 3 19 23 5 18 6 16 7 21 8 19 9 23 10 21 11 16 12 23 (a) Using a weight of - for the most recent observation, for the second most recent observation, and - for third most recent observation, compute a three-week weighted moving average for the time series. (Round your answers to two decimal places.) Time Series Value Weighted Moving Average Forecast Week 1. 17 2 21 19 4 23 5 18 6 16 7 21
K 2. Setting an advertising budget is a forecasting exercise. What are the fundamental principles that should be adhered to when undertaking forecasting? Be conservative and use the best evidence-based technique available Be innovative and use multiple methods and choose the optimal one Be conservative and use multiple evidence-based techniques, taking the average result Be innovative and use multiple evidence-based techniques, taking the average result

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SLO-3.3. The manager of a McDonald's restaurant is an example of a(n) manager. Otop or top level Omiddle Ofirst-line, or line Oadministrative