Explain how an ERP system can improve the evaluation and analysis of performance metrics.
Answer to relevant QuestionsDuring the past month a firm shows the following metrics: Average days of accounts receivable 6.75 daysAverage daily cost of sales $ 35,000Current total value of inventory $ 300,000Current value of accounts payable ...3. Given the following history, use a three- quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; ...Not all the items in your office supply store are evenly distributed as far as demand is concerned, so you decide to forecast demand to help plan your stock. Past data for legal-sized yellow tablets for the month of August ...Harlen Industries has a simple forecasting model: Take the actual demand for the same month last year and divide that by the number of fractional weeks in that month. This gives the average weekly demand for that month. This ...Use regression analysis on deseasonalized demand to forecast demand in summer 2013, given the following historical demanddata:
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