What is your view on "standardized versus localized" advertising? Which do you think is more effective? Why?

1. All forecasts should be rounded to an integer number (regular rounding). Use Excel to do your computations. Each part of the problem should be on a different Excel Sheet/Tab.

Part (a)    Use the 6-period moving average method to forecast for these data and for the first six months of the third year. Compute MSD/E, MAD, MAPE, and Bias.

Due COVID 19 What would be a good supply chain strategy for personal protection equipment?

CAPISM SIMULATION

What are the reasons for expanding or selling capacity? How did your team’s Marketing decisions impact your capacity decisions?

Review the impact the Internet and digital space has had on traditional retail brands

CE10-1. Create a process diagram for the inter-enterprise process that exists to process debit card payments at a grocery store. Create separate swimlanes for the customer, the store, and the customer’s bank. Make necessary assumptions and state them. Include sufficient detail so that your process includes the processing of a PIN.

I will thumbs up for answers that makes sense and are complete. Be through in explaining please.

What three recommendations would you have for traditional retail brands to survive in the increasingly digital and online world?

Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to eleven. The president of Kolkmeyer asked for a study of the need to add a second employee to the repair operation. The arrival rate is 0.05 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour.

1. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places.

3. Compute the operating characteristics if a second employee is added to the machine repair operation. If required, round your answers to four decimal places.

6. Each employee is paid $20 per hour. Machine downtime is valued at $75 per hour. From an economic point of view, should one or two employees handle the machine repair operation? Explain. If required, round your answers to two decimal places.
   
   Cost of one employee system: $  

Cost of two employees system: $  

From an economic point of view,

• one employee
• two employees

should handle the machine repair operation.

What are the strategically relevant components of the U.S. and global craft beer industry macro-environment? Prepare a PESTEL analysis to support your answer

Explain the norms associated with emotion management in work settings then provide an example of what you consider to be an inappropriate display of positive or negative emotion and an example of an appropriate display of positive or negative emotion you have observed in a work or volunteer organizational setting

Bombair Retail Store orders accent chairs 10 times per year from Axium Manufacturing. The reorder point without safety stock is 100 chairs. The following demand probabilities during the lead time is shown in the table:

The carrying cost is $30 per unit per year and the cost of a stockout is $70 per chair per year. How much safety stock should be carried?    [9 points]

Burger Dome sells hamburgers, cheeseburgers, French fries, soft drinks, and milk shakes, as well as a limited number of specialty items and dessert selections. Although Burger Dome would like to serve each customer immediately, at times more customers arrive than can be handled by the Burger Dome food service staff. Thus, customers wait in line to place and receive their orders. Suppose that Burger Dome analyzed data on customer arrivals and concluded that the arrival rate is 45 customers per hour and 1 customer processed per minute.

Compare a multiple-server waiting line system with a shared queue to a multiple-server waiting line system with a dedicated queue for each server. Suppose Burger Dome establishes two servers but arranges the restaurant layout so that an arriving customer must decide which server's queue to join. Assume that this system equally splits the customer arrivals so that each server sees half of the customers. How does this system compare with the two-server waiting line system with a shared queue? Compare the average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system. If required, round your answers to four decimal places.

Comparing these numbers, it is clear that the

• shared single queue
• two dedicated queues

results in better process performance than the

• shared single queue
• two dedicated queues

a queue will not form if capacity exceeds demand and inter arrival times are variable

True or False?

QUANTITATIVE – You work for Lynn, Inc. Your boss has asked you to complete a forecast for February and March using two forecasting methods and then to evaluate the two methods to identify the “best” method. You decide to try a weighted moving average of the last two months using weights of 60% (previous month) and 40% (2 months prior). You also try exponential smoothing with an alpha constant of .3Y. Complete the table by providing numbers for A, B, C, D, E, F, G, and H and calculate the MAD for each method (I and J). Which is a better forecasting method for this data? Why?

MAD for Weighted Average = I

MAD for Exponential Smoothing = J