I am keen to launch an online casino soon in the United Kingdom. From my readings, I have discovered that a successful business needs to understands its customers, needs, wants, habits and attitudes. Could someone please inform where I may be able to obtain the following information for the online casino market?? - know
Netty produces Christmas tree ornaments for resale at local craft fairs and Christmas bazaars. She is currently working a total of 15 hours per day to produce 300 ornaments. a) What is Netty's productivity? b) Netty thinks that by redesigning the ornaments and switching from contact cement to a hot-glue gun, she can increase h
Identify and discuss the 10 decisions of operations management.
A lumber company produces 240 apple crates per 100 logs. The company currently purchases 100 logs per day and each log requires 3 labour hours to process. The boss of the company believes that he can hire a professional buyer who can purchase better quality logs at the same cost. These logs will increase his production to 260
SBI, Inc. has estimated the following regression model of sales using 250 weekly sales figures representing the firm's sales history over the past 5 years: lnSt = 6.561 + 0.06t, R2 = 0.99 (0.03) (0.02) Where St is unit sales in time period (week) t and the numbers in parenthesis are the standard deviations of t
Please complete the attached responses to the best of your ability, there right or wrong answers, just personal opinions for communication purposes. For example, such as hand-shaking, gestures, and etc... Notes: you have to actually give examples, of what kind of culture, age and other information. --- Give five people of
I need to forecast out 12 months using 3 different techniques, and then decide which one is best based on MAD (mean absolute deviation). Using some historical data for the past 40 periods (see attachment) I need to make a forecast for the next 12 periods (periods 41 thru 52) using 3 of the simple forecasting techniques we ha
Every time someone sells a stock believing that the price of that security will soon decrease, someone else: a. is buying that stock believing that the price will increase b. is buying that stock believing that the price will decrease. c. is buying that stock in order to increase the price. d. is buying that stock in o
All of the following are included in the M-1 definition of the money supply except: a. currency b. checking account deposits c. traveler checks d. savings account deposits
The number of information technology workers in the United States: a. far exceeds the number of workers actually needed in the information technology field. b. Is essentially in equilibrium, with the number of jobs nearly equal to the number of workers seeking employment in this field. c. Currently is smaller than the nu
TV programs devoted exclusively to promoting goods and services are called: a. testimonials b. infomercials c. interactive TV d. online computer advertising
Please work the following problem on an EXCEL spreadsheet. An elegant solution is not required, Just provide all the steps so I will understand the concept and be able to replicate it for similar problems. Also, provide a written description leading me through the solution. PROBLEM: A Company must make decisions on weekl
For this assignment, our teacher gave us data for 144 periods and asks us... "use the best forecasting technique for forecast 12 periods into the future. State all relevant assumptions, and briefly describe the technique(s) you used." <data attached> Now, I'm assuming this would be a seasonal forecast, but I'm not s
According to Victor Vroom, one of the questions an employee will ask before committing maximum effort toward completing a task is: a. is the reward for completing the task worth the effort involved? b. when can I start the task, and how long will it take? c. Are other workers expected to do the same amount of work? d. Has t
Mo was just hired by a firm that has a very bureaucratic organization. Mo is likely to encounter all of the following conditions except a. many layers of management b. many rules and regulations that employees are expected to follow c. a career path that requires employees to change departments on a regular basis d. departm
I need to use excel to solve the problems.... Needs to be familiar with excel spreadsheets. Like in prob one you need to use the trend function in the formula bar to forecast sales in 2004.
Using the martingale method of forecast evolution (MMFE) of heath and Jackson and obtain a formula for the mean and variance of the lead time demand and apply these formulas to specific demand models. The Martingale Method of Forecast Evolutions (MMFE) can be represented as follows: (SEE ATTACHMENT) Using the martingal
From the (Q, r) model... 1. How can find a cost upper bound on an optimal (Q, r) policy? 2. Using the data from the table above, do I have sufficient information to compute the cost function? If it is possible, how can I compute it? For example c(10)? 3. Using the data from the table above, do I have sufficient information
Please see attached.
Define product positioning and list the major positioning strategies.
Video-Scapes, Inc. (VSI) offers budget landscaping designs for $1,500 and deluxe designs for $3,000. Budget designs require 4hrs of computer time, 2hrs of creative time, and 4hrs of consulting time. Deluxe design requires 6hrs of computer time, 6hrs of creative time, and 4hrs of consulting time. VSI currently has 60hrs of comput
The _________ technique works well with expensive products/services. a. sales force composite b. customer composite c. past sales d. time series
A conglomerate is an example of a. concetration b. forward integration c. backward integration d. related diversification e. unrelated diversification
The supervisor of a manufacturing process believes that assembly line speed (in feet/minute) affected the number of defective parts found during online inspection. To test this theory, management had the same batch of parts inspected visually at a variety of line speeds. The following data were collected. Line Speed
Please assist on an small essay on Activity Based Management for Dell. Department cost allocations (Person 4)--Can we get a current department cost allocations for Dell? How will ABM impact that? 2. Basic cost concepts (Person 4) 3. Resource usage (Person 4) -- What is typical required with ABM? How will ABM change
Please assist on a SWOT analysis on opening a themed restaurant in England. I already have an idea of what the strengths and weaknesses are but the opportunities and threats are of more concern to me. Can you give me any ideas that i should look into to find out what the opportunities are and what the threats are.
What is the difference between forecasting and budgeting? What would you suggest as criteria for determining when to investigate variances?
A) Set up a linear programming model to determine how many units of shirts and coats B) Use inequality method and 100% rule to determine the maximum and minimum values C) Use systems of equations to deterimine right side ranges and dual price for each constraint
Executive pay is attracting a lot of attention in Australia and world-wide. Tournament Theory states that, the greater the difference between your and your boss's pay, the harder you (and everyone else!) will work. Discuss executive pay in the light of Tournament Theory.
Total Total Total fixed variable Total product cost cost cost 0 $50 $ 0 $ 50 1 50 70 120 2 50 120 170 3 50 150 200 4 50 220 270 5 50 300 350 6 50 390 440 1.