Name one element of a good forecast and, if not obvious, explain why it is important.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
a The forecasting horizon must be long enough so that its results can be u...View the full answer
Answered By
John Aketch
I have a 10 years tutoring experience and I have helped thousands of students to accomplish their educational endeavors globally. What interests me most is when I see my students being succeeding in their classwork. I am confident that I will bring a great change to thins organization if granted the opportunity. Thanks
5.00+
8+ Reviews
18+ Question Solved
Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
Question Posted:
Students also viewed these Management Leadership questions
-
Explain why it is important to measure customer retention.
-
Explain why it is important to capture and manage knowledge.
-
Explain why it is important for all departments of an organizationmarketing, accounting, finance, operations management, human resources, and so onto think consumer. Why is it important that even...
-
3. Six Sigma College of Business offers five different courses of study. The planned enrollment in each course is 25 students. Registration for the upcoming semester of study has been recently...
-
What should be a small business owners primary concern when investing surplus cash?
-
The private marginal benefit associated with a products consumption is PMB = 360 4Q and the private marginal cost associated with its production is PMC = 6Q. Furthermore, the marginal external...
-
Figure 9.46 shows a rotating system in which the shaft is supported in bearings at \(A\) and \(B\). The three masses \(m_{1}, m_{2}\), and \(m_{3}\) are connected to the shaft as indicated in the...
-
CORPORATE INCOME TAX Stanton Company estimates that its 20-1 income tax will be $80,000. Based on this estimate, it will make four quarterly payments of $20,000 each on April 15, June 15, September...
-
What is the purpose of adjusting entries? Given the following situation, please prepare the adjusting journal entries for the end of the period. Please also prepare the T-Accounts. a. 6/12/18-...
-
Georgia owns all of Peach Corporations stock. Peach pays her a $70,000 salary, which reduces its before-tax profit to $30,000. Peach distributes all of its after-tax income to its shareholder,...
-
What is the tracking signal? Contrast it with the control chart.
-
Explain how control chart and tracking signal can be used to monitor bias.
-
Why does program execution speed generally increase as the number of general-purpose registers increases?
-
(a) Draw a fuzzy network for F. (b) Find all routes of the fuzzy network. (d) (e) (c) Find all simple routes of the fuzzy network. Find all maximal routes of the fuzzy network. Use the fundamental...
-
a) Estimate the given recurrence relation using the recurrence tree method. T(n) = T(7) +T(7) +0(n) b) Solve the given recurrence relations using the master theorem n T(n) = 8T() + (n) & T(n) =...
-
(a) Given a function f that satisfies f(-1) = 3,f(0) = -4,f(1) = 5 and f(2)=-6. Find the unique Lagrange interpolating polynomial of degree 3 that agrees with all given function values. Show your...
-
Design a synchronous counter for the sequence: 0,1,3,4,6,7,0,1,3, ..., and consider all the states which will not be appeared as don't care state. Provide the following: (a) The number of bits...
-
We have the table below Customers. You need to create a couple of stored procedures. pid pname ptlf pemail 1 Mark 2 *** Maria 90000001 90000002 11 mark@email. 22 com page maria@email. 23 com H *** a....
-
Expand the expression. If possible, write your answer without exponents. logab
-
Find the velocity, acceleration, and speed of a particle with the given position function. r(t) = (t 2 , sin t - t cos t, cos t + t sin t), t > 0
-
Define purchase lead time. What factors affect it?
-
Watch http://www.youtube.com/watch?v=4AcjAfWBVXg and summarize how SAP's SmartOps helped Celestica's supply chain inventory management.
-
What benefits do bar codes have for inventory management?
-
On 1 August 2022, Jack, with the written approval of Mega Phones Board, then approaches Jill from Techworld to supply 500 Apple iPhones Mark XYZ, which have recently been released, for a total price...
-
Calculate Ending Inventory using Weighted average (WA) method Syd Gee Ltd Opening Trial Balance 1 June 2021 BANK STATEMENT As at 30 June 2021 DATE PARTICULARS DEBIT CREDIT BALANCE Account Debit...
-
A skier glides down a frictionless hill of 100 meters high, then ascends another hill, with a height of 90 meters, as shown in the figure below. a) What is the speed of the skier when they reach the...
Study smarter with the SolutionInn App