ZK
Zybrea Knight
Answers (6)
ZK
Answered
What is the key difference between weighted moving average and simple moving average approaches to forecasting?
On Jul 05, 2024
Simple moving averages are useful where there is no identifiable trend in the historical data, i.e. demand has been fairly steady over time. If there was an identifiable trend, weighted moving averages would provide a more accurate forecast since higher weights would be put on the most recent data.
ZK
Answered
Consider the transportation problem in the data set and optimal solution below. Calculate improvement indices on each empty cell. Is this solution optimal? COSTS Dest. 1 Dest 2 Dest. 3 Dest. 4 Supply Source 1 1218911105 Source 2 1973015145 Source 3 810141650 Demand 80607090300/300\begin{array}{|l|r|r|r|r|r|}\hline \text { COSTS } & \text { Dest. 1 } & \text { Dest 2 } & \text { Dest. 3 } & \text { Dest. 4 } & \text { Supply } \\\hline \text { Source 1 } & 12 & 18 & 9 & 11 & 105 \\\hline \text { Source 2 } & 19 & 7 & 30 & 15 & 145 \\\hline \text { Source 3 } & 8 & 10 & 14 & 16 & 50 \\\hline \text { Demand } & 80 & 60 & 70 & 90 & 300/300 \\\hline\end{array} COSTS Source 1 Source 2 Source 3 Demand Dest. 1 1219880 Dest 2 1871060 Dest. 3 9301470 Dest. 4 11151690 Supply 10514550300/300
Shipments Dest. 1 Dest. 2 Dest. 3 Dest. 4 Row Total Source 1 300705105 Source 2 060085145 Source 3 5000050 Col. Total 80607090300\300\begin{array}{|lrrrrr|}\hline \text { Shipments } & \text { Dest. 1 } & \text { Dest. 2 } & \text { Dest. 3 } & \text { Dest. 4 } & \text { Row Total } \\\text { Source 1 } & 30 & 0 & 70 & 5 & 105 \\\text { Source 2 } & 0 & 60 & 0 & 85 & 145 \\\text { Source 3 } & 50 & 0 & 0 & 0 & 50 \\\text { Col. Total } & 80 & 60 & 70 & 90 & 300 \backslash 300 \\\hline\end{array} Shipments Source 1 Source 2 Source 3 Col. Total Dest. 1 3005080 Dest. 2 060060 Dest. 3 700070 Dest. 4 585090 Row Total 10514550300\300
Shipments Dest. 1 Dest. 2 Dest. 3 Dest. 4 Row Total Source 1 300705105 Source 2 060085145 Source 3 5000050 Col. Total 80607090300\300\begin{array}{|lrrrrr|}\hline \text { Shipments } & \text { Dest. 1 } & \text { Dest. 2 } & \text { Dest. 3 } & \text { Dest. 4 } & \text { Row Total } \\\text { Source 1 } & 30 & 0 & 70 & 5 & 105 \\\text { Source 2 } & 0 & 60 & 0 & 85 & 145 \\\text { Source 3 } & 50 & 0 & 0 & 0 & 50 \\\text { Col. Total } & 80 & 60 & 70 & 90 & 300 \backslash 300 \\\hline\end{array} Shipments Source 1 Source 2 Source 3 Col. Total Dest. 1 3005080 Dest. 2 060060 Dest. 3 700070 Dest. 4 585090 Row Total 10514550300\300
On Jul 01, 2024
The solution is optimal.
ZK
Answered
The autocratic, consultative, participative, and free-rein styles of leadership are based mostly on the extent to which the leader includes others in the process of making decisions.
On Jun 05, 2024
True
ZK
Answered
Deep acting and surface acting are two terms reflecting ways of dealing with emotional dissonance.
On Jun 01, 2024
True
ZK
Answered
The legal rules that control a business's actions reflect past and current thinking about how similar businesses should and should not act.
On May 05, 2024
True
ZK
Answered
How are today's firms reinventing their selling processes and increasing productivity?
A) by hiring additional salespeople
B) by only focusing on the firm's best customers
C) by reducing the use of CRM systems and utilizing more order-takers
D) by using information systems, analytics, and social networks
E) by eliminating steps in the personal selling process
A) by hiring additional salespeople
B) by only focusing on the firm's best customers
C) by reducing the use of CRM systems and utilizing more order-takers
D) by using information systems, analytics, and social networks
E) by eliminating steps in the personal selling process
On May 02, 2024
D