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[Solved] Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by the #19094
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[Solved] Rolls Royce makes the Trent 900 jet engines used in the new Airbus A380 planes, and needs to control #19097
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[Solution] Create R and s charts for problem 13-16. Is the process under control? #19098
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(See Solution) A battery manufacturers looks at samples of 30 batteries at the end of every day of production and n #19099
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[Solved] Minimize the cost of constructing a cylindrical storage tank. The tank must hold 57,600 gallons and #19108
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[Solved] An insurance company insures a person's antique coin collection worth $20,000 for an annual premium #19267
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[Solved] The following data represents the expenses of Chemistry Lab. Inc. for research and development for t #19330
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(See Solution) Case Study - “The Possibility” Restaurant Angela Fox and Zooey Caulfield were food and nutrition maj #19412
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[Solution] Liverwright Medical Supplies Company has a total of 12 salespersons it wants to assign to three regi #19413
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[Solution] The Tech football coaching staff has six basic offensive plays it runs every game. Tech #19414
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[Solution] Mountain Laurel Vineyards produces three kinds of wine - Mountain Blanc, Mountain Red, and Mountain #19415
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[Solved] Given the following data on hotel check-ins for a 6-month period: Month Number of rooms #19423
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[Solved] Recent actual and forecasted data for product XYZ is given in the following table. Month Actual #19424
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Solution: Recent past demand for product ZXT is given in the following table: Month Actual Demand #19426
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[Solved] Solve the following linear programming model by using the computer: Maximize Z = 5x1 + 8x2 Subject #19427
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[Solved] Solve the following linear programming model by using the computer: Minimize Z = 8x1 + 6x2 Subject #19428
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[Solution] Betty Malloy, owner of the Eagle Tavern in Pittsburgh, is preparing for Super Bowl Sunday, and she m #19429
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[Solution] A jeweler and her apprentice make silver pins and necklaces by hand. Each week they have 80 hours of #19430
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(See Solution) A transportation problem involves the following costs, supply and demand. To #19431
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[Solved] A shop has four machinists to be assigned to four machines. The hourly cost of having each machine o #19432
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[Solved] A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 av #19433
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[Solved] The Pinewood Furniture Company produces chairs and tables from two resources-labor and wood. The com #19434
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(See Solution) The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same thre #19435
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(Solved) A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier #19436
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[Solved] Universal Claims Processors processes insurance claims for large national insurance companies. Most #19437
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(See Solution) A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 av #19438
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Solution: The Pinewood Furniture Company produces chairs and tables from two resources-labor and wood. The com #19439
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Solution: The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same thre #19440
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(Solved) A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier #19441
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[Solved] Universal Claims Processors processes insurance claims for large national insurance companies. Most #19442
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Solution: A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 av #19443
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(See Solution) The Pinewood Furniture Company produces chairs and tables from two resources-labor and wood. The com #19444
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(See Solution) The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same thre #19445
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Solution: A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier #19446
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Solution: Universal Claims Processors processes insurance claims for large national insurance companies. Most #19447
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[Solved] Suppose a proposed new road to be constructed between Raleigh and Morehead City will lower the avera #19480
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(Solved) Suppose you currently earn taxable income of $100,000 per year. You are subject to an MTR of 50%. Cu #19481
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(Solved) You are in charge of quality control on a line which fills bottles of soda. The desired gross weight #19535
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Solution: The arrivals of customers at a drive-in banking window are governed by the Poisson distribution. Eac #19542
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[Solution] Evans Enterprises has bought a prime parcel of beachfront property and plans to build a luxury hotel #19589
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[Solution] A large sporting goods store is placing an order for bicycles with its supplier. Four models can be #19590
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(Solved) Consider the following linear programming problem. max 2x+y , s.t. #19591
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(See Solution) RVW (Restored Volkswagens) buys 15 used VWs at each of two car auctions each week held at different #19592
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[Solution] The number of pizzas ordered on Friday evenings between 5:30 and 6:30 at a pizza delivery location f #19613
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[Solution] Quarterly billing for water usage is shown below. Year Quarter 1 2 3 4 Winter 6 66 68 73 Spring 103 #19614
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[Solved] Given the following decision alternatives, determine which decision alternative is the best using th #19647
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(See Solution) 0.5X1 + 1.5X2 + 1X3 ≤ 450 (steel, lbs) 1X1 + 1X2 + 1X3 ≤ 430 (aluminum, lbs) 1X1 + 0.1X2 #19648
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[Solution] For this transshipment problem, assume that there are two sources, three intermediate warehouses and #19649
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[Solved] The city clerk has received numerous complaints over the past year that couples applying for a ma #19713
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(See Solution) A manufacturing process fills boxes of cereal. The nominal net weight per box is 16 ounces. We wish #19745
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Solution: Your bank sends you a summary statement, giving the average amount of all checks you wrote during th #19772
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[Solution] Construct an exponential smoothing forecasting model, using w = 0.7, for new orders reported by a ma #19779
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[Solved] The following data are June 2003 to June 2004 commodity price index for a category of goods: 14 #19780
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[Solution] Rolls Royce makes the Trent 900 jet engines used in the new Airbus A380 planes, and needs to control #19782
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Solution: A battery manufacturer looks at samples of 30 batteries at the end of every day of production and no #19783
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(Solved) Consider each of the following scenarios and explain whether the variable in question is a confounde #19878
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Solution: Star Savings and Loan is planning to install a drive-through window. Transaction times at the drive- #19912
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(See Solution) Michael’s Tire Company performs free tire balance and rotation for the life of any tires purchased t #19913
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Solution: A college office has one photocopier. Faculty and staff arrive according to a Poisson process at a r #19914
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[Solved] A vendor at a baseball stadium must decide whether to sell ice cream or soft drinks at today’s game. #19986
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[Solution] Seasonal indexes: Multiplicative model The quarterly sales volume (in thousands of dollars) for a m #20044
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[Solution] Moving Averages Data for excel 1 58.4 2 63.9 #20045
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Solution: Ratio to moving average method Data from excel #20046
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(See Solution) XYZ COMPANY XYZ Company produces three products, A, B and C. The company has 17 tons of raw material #20048
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Solution: Pete opened a Chinese restaurant. At first he offered only 2 full-course meals at first, one beef an #20049
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(Solved) A furniture manufacturer produces three products, desks, tables, and chairs. These products can be p #20073
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[Solved] Find ∫{(8)/(x+9)dx} #20096
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[Solved] Show that Var(c) = 0 if c is a constant number. #20130
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[Solution] Dream Team Productions, a firm hired to coordinate the release of the movie Paycheck (starring Uma T #20145
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[Solution] (Cash budget) The Sharpe Corporation’s projected sales for the first eight months of 2004 are as fol #20231
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[Solved] (Present value) What is the present value of the following future amounts? a. $800 to be received 10 #20233
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(See Solution) (Present value of an annuity) What is the present value of the following annuities? a. $2,500 a year #20235
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(See Solution) Develop a last-period forecast for periods 2 through 11. Calculate the MFE and MAD values for period #20274
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[Solved] Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of 0.4 #20275
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[Solution] Develop two exponential smoothing forecasts for periods 2 through 11. For the first forecast, use al #20276
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[Solved] After graduating from college, you and your friends start selling birdhouses made from recycled plas #20277
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(See Solution) Suppose you are given the following demand and forecast data for the last four quarters. QUARTER #20278
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Solution: (Risk-adjusted discount rates and risk classes) The G. Wolfe Corporation is examining two capital- b #20286
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[Solved] You have been invited to bid on a construction job for a small airport. The value of the contract de #20300
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[Solution] Project Evaluation. The following table presents sales forecasts for Golden Gelt Giftware. The unit #20301
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[Solution] Velcro Saddles is contemplating the acquisition of Pogo Ski Sticks, Inc. The values of the two compa #20302
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[Solution] Scott Equipment Organization Case Study. Scott Equipment Organization is investigating the use of va #20303
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[Solved] ETHICS PROBLEM Controlled disbursing is defined as an information product—that is, the bank on which #20305
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Solution: Initial investment on a project is $200,000, with expected cash inflow of $25,000 per quarter for fi #20307
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[Solution] A task is expected to take 20 hours of labor at $25 per hour. The required material cost is $500 and #20308
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Solution: You are working with 80 percent learning rate. If it takes to build first widget in 60 minutes, what #20309
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(Solved) Nina is trying to decide in which of four shopping centers to locate her new boutique. Some cater to #20310
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(Solved) Explain how simulation works. What is the value in using a simulation approach? #20313
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Solution: A piece of widget manufacturing equipment is purchased for $18,000. It depreciates annually at a rat #20314
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[Solution] The newly-installed machinery at a manufacturing plant is valued at $360,000. Applying a sum-of-the- #20317
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(See Solution) Empire Electronics plans to manufacture a line of basic panini sandwich makers. The projected monthl #20322
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(Solved) West Virginia Virtuoso Widgets has three manufacturing centers and three distribution centers locate #20324
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[Solution] Market analysts at Cranberry Construction Contractors are deciding among eight competing business pl #20325
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Solution: West Virginia Virtuoso Widgets has produced the following numbers of its worsted widgets over the pa #20326
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[Solved] Wilmington Winged Widgets manufactures both wing nut and wingless widgets. A batch of wingless widge #20327
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[Solved] False Valley Faux Vintage Reproductions of Fine Furnishings manufactures its Appalachian Antiques li #20328
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[Solved] False Valley Faux Vintage Reproductions of Fine Furnishings manufactures its Appalachian Antiques li #20329
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[Solved] On average, 4 customers arrive per hour at a local bank that currently has a single teller. The tran #20462
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(Solved) Forecasting. Use the information below to calculate the tracking signal for each quarter, computing #20464
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[Solution] Demand (in thousands of units) for the past three years at Dagwood Company is given below: Month #20465
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[Solution] Use the following data to compute forecasts for the first two months of the following year using (a) #20466
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[Solved] A production lot of 25 units required 103.6 hours of effort. Accounting records show that the first #20467
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