Question: After reading through the case study, please post 3 different areas that would be helpful to forecast better for McDonald’s. Include the type of model and what you are forecasting. Forecasting is the key to the success of a …
What is the objective of the product decision? The main objective of the product decision is to effectively implement a product strategy after developing one. The decision is made keeping in view the importance of the status of the demands …
Product decision, product-by-value analysis and house of quality Read more »
Kant introduces two kinds of imperatives, namely, hypothetical and categorical, on p. 19. How do they differ from each other? Can you think of an example of a hypothetical imperative? Answer: According to Kant, imperatives act in our life …
More Quality from Work? Question 1. What use, if any, could the above ideas be in helping to solve the problem? Discussion: The above ideas can be helpful in many ways in the problem at hand. Increasing the wages can …
Video Explain the ‘how’ of the change process In the life of any organization there comes a time when it has to decide to adopt to the demands of the new world by bringing about changes in the different …
What is a tracking signal? Explain the connection between adaptive smoothing and tracking signals. A tracking signal is the measure of the quality of the forecast or how accurate are the predictions of a forecast. As larger as it gets, …
Explain the connection between adaptive smoothing and tracking signals. Read more »
Weekly sales of ten-grain bread at the local organic food market are provided in the table below. Based on these data, forecast week 9 using a five-week moving average. Week 9 forecast on a 5 Week Average= [sum (Week …
Based on these data, forecast week 9 using a five-week moving average. Read more »
A skeptical manager asks what long-range forecasts can be used for. Give her three possible uses/purposes. The three possible purposes could be: Long range forecast can help us in planning our expansions. Expansion is not something that is done overnight …
A skeptical manager asks what long-range forecasts can be used for? Read more »
Is exclusivity more or less attractive to wholesalers, retailers and other channel members? Discussion: In my opinion there is not a straight answer to this question. There are some responsibilities that the channel members have to share if they want …
Would intermediaries be equally eager to get exclusive distribution for any type of product? Why or why not? Discussion: in my opinion, intermediaries would not be equally eager to have exclusive distribution to any product. The main reasons that I …