Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Textbook Question
Chapter 13.3, Problem 4P
The file P13_04.xlsx lists the monthly sales for a company (in millions of dollars) for a 10-year period.
- a. Fit an exponential trend line to these data.
- b. By what percentage do you estimate that the company will grow each month?
- c. Why can’t a high rate of exponential growth continue for a long time?
- d. Rather than an exponential curve, what type of curve might better represent the growth of a new technology?
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2002-2014 Core Education and Consulting Solutions(13721)
The file P02_26.xlsx lists sales (in millions of dollars) of Dell Computer during the period 1987–1997 (where year 1 corresponds to 1987). a. Fit a power and an exponential trend curve to these data. Which fits the data better? b. Use your part a answer to predict 1999 sales for Dell. c. Use your part a answer to describe how the sales of Dell have grown from year to year. d. Search the Web for more recent Dell sales data. Then repeat the preceding parts using all of the data.
Chapter 13 Solutions
Practical Management Science
Ch. 13.3 - The file P13_01.xlsx contains the monthly number...Ch. 13.3 - The file P13_02.xlsx contains five years of...Ch. 13.3 - The file P13_03.xlsx contains monthly data on...Ch. 13.3 - The file P13_04.xlsx lists the monthly sales for a...Ch. 13.3 - Management of a home appliance store wants to...Ch. 13.3 - Do the sales prices of houses in a given community...Ch. 13.3 - Prob. 7PCh. 13.3 - The management of a technology company is trying...Ch. 13.3 - Prob. 9PCh. 13.3 - Sometimes curvature in a scatterplot can be fit...
Ch. 13.4 - Prob. 12PCh. 13.4 - A trucking company wants to predict the yearly...Ch. 13.4 - An antique collector believes that the price...Ch. 13.4 - Stock market analysts are continually looking for...Ch. 13.4 - Suppose that a regional express delivery service...Ch. 13.4 - The owner of a restaurant in Bloomington, Indiana,...Ch. 13.6 - The file P13_19.xlsx contains the weekly sales of...Ch. 13.6 - The file P13_20.xlsx contains the monthly sales of...Ch. 13.6 - The file P13_21.xlsx contains the weekly sales of...Ch. 13.6 - The file P13_22.xlsx contains total monthly U.S....Ch. 13.7 - You have been assigned to forecast the number of...Ch. 13.7 - Simple exponential smoothing with = 0.3 is being...Ch. 13.7 - The file P13_25.xlsx contains the quarterly...Ch. 13.7 - The file P13_26.xlsx contains the monthly number...Ch. 13.7 - The file P13_27.xlsx contains yearly data on the...Ch. 13.7 - The file P13_28.xlsx contains monthly retail sales...Ch. 13.7 - The file P13_29.xlsx contains monthly time series...Ch. 13.7 - A version of simple exponential smoothing can be...Ch. 13 - Prob. 31PCh. 13 - Prob. 32PCh. 13 - Management of a home appliance store would like to...Ch. 13 - A small computer chip manufacturer wants to...Ch. 13 - The file P13_35.xlsx contains the amount of money...Ch. 13 - Prob. 36PCh. 13 - Prob. 37PCh. 13 - Prob. 39PCh. 13 - The Baker Company wants to develop a budget to...Ch. 13 - Prob. 41PCh. 13 - The file P13_42.xlsx contains monthly data on...Ch. 13 - Prob. 43PCh. 13 - Prob. 44PCh. 13 - Prob. 45PCh. 13 - Prob. 46PCh. 13 - Prob. 49P
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- Flash x + ColdFusion/student/take.cfm?action=taking&examid%3D6736&eaid%3D9425208&num3D4 Center ip Part 2-54 Course Content - Future Management Test 4. Many businesses that experience controlled growth often discover that they don't have the resources needed to support their growth. A. True В. False Previous Save Answer Next urrent answer; please select Save Answer if changes have been made.)arrow_forwardHistorical data is a great way to predict future volume. You can also look at the rate at which your insurance companies reimburse your claims. When doing so you would look at the severity of the issues that brought the patient to the office and disseminate which ones were for flu. What do you do for the outlier data year-over-year? Meaning what if you had a severe flu season last year but in previous years, flu season wasn't so severe. How will your account for a that volume?arrow_forwardWhich of the following is a factor that would increase the risk of the misappropriation of assets for a large jewelry store? Managerial salaries with no bonus compensation. The nature of the store's merchandise. The use of standard retail sales practices. Adjusting merchandise value to the lower of cost or market.arrow_forward
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