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The productivity of a factory has been recorded over 10 months, together with forecasts made the previous month by the

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The productivity of a factory has been recorded over 10 months, together with forecasts made the previous month by the production manager, the foreman and the Management Services Department. Compare the accuracy of the three sets offorecasts.
The productivity of a factory has been recorded over 10
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Month 12 3 45 6 7 8 9 10 Productivity 22 24 28 27 23 24 20 18 20 2:3 Production 23 26 32 28 20 26 24 16 21 23 manager Foreman 22 28 29 29 24 26 21 2 24 25 Management 21 25 26 27 24 23 20 20 19 24 Services

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The errors are calculated in the following tables These suggest that the Production Manager and F…View the full answer


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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional. Since 2012 I am providing home tutions.
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Quantitative Methods For Business

Quantitative Methods For Business

ISBN: 978-0273739470

5th edition

Authors: Donald Waters

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Question Posted: September 20, 2012 00:25:33
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