Sweet cider is delivered weekly to Cindy’s Cider Bar. Demand varies uniformly between 300 liters and...
Sweet cider is delivered weekly to Cindy’s Cider Bar. Demand varies uniformly between 300 liters and 500 liters per week. Cindy pays 20 cents per liter for the cider and charges 80 cents per liter for it. Unsold cider has no salvage value and cannot be carried over into the next week due to spoilage. What is the optimal stocking level?
|
300 liters. |
||
|
350 liters. |
||
|
400 liters. |
||
|
450 liters. |
||
|
500 liters. |
A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The analyst is indifferent between the two alternatives, saying that they should be equally effective.
|
Period: |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
|
Data |
37 |
39 |
38 |
39 |
45 |
45 |
47 |
47 |
51 |
52 |
|
Alt. 1 |
36 |
38 |
40 |
42 |
46 |
46 |
46 |
48 |
52 |
55 |
|
Alt. 2 |
36 |
37 |
38 |
38 |
41 |
52 |
47 |
48 |
52 |
53 |
What is the MSE of Alt. 2.
|
3.78 |
||
|
3.89 |
||
|
5.10 |
||
|
8.22 |
Homework Answers
Add Answer to:
Sweet cider is delivered weekly to Cindy’s Cider Bar. Demand
varies uniformly between 300 liters and...
A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The...
A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The analyst is indifferent between the two alternatives, saying that they should be equally effective. Period: 1 2 3 4 5 6 7 8 9 10 Data 37 39 38 39 45 45 47 47 51 52 Alt. 1 36 38 40 42 46 46 46 48 52 55 Alt. 2 36 37 38 38 41 52 47 48 52 53 What is the MAD...
3. A hospital administrator wished to study the relation between patient satisfaction (Y) and pat...
solvel only E F G H
below is pat data
3. A hospital administrator wished to study the relation between patient satisfaction (Y) and patients age (Xi, in years), severity of illness (X2, an index) and anxiety level (X3, an index). The administrator randomly selected 23 patients and collected the data in pat, where larger values of Y, X2 and X3 are, respectively, associated with more satisfaction, increased severity of illness and more anxiety. The data is saved in Moodle2...
1. Forecast demand for Year 4. a. Explain what technique you utilized to forecast your demand....
1. Forecast demand for Year 4.
a. Explain what technique you utilized to forecast your
demand.
b. Explain why you chose this technique over others.
Year 3 Year 1 Year 2 Actual Actual Actual Forecast Forecast Forecast Demand Demand Demand Week 1 52 57 63 55 66 77 Week 2 49 58 68 69 75 65 Week 3 47 50 58 65 80 74 Week 4 60 53 58 55 78 67 57 Week 5 49 57 64 76 77...
Problem 4: Variables that may affect Grades The data set contains a random sample of STAT 250 Final Exam Scores out of 80 points. For each individual sampled, the time (in hours per week) that the stu...
Problem 4: Variables that may affect Grades The data set contains a random sample of STAT 250 Final Exam Scores out of 80 points. For each individual sampled, the time (in hours per week) that the student spent participating in a GMU club or sport and working for pay outside of GMU was recorded. Values of 0 indicate the students either does not participate in a club or sport or does not work a job for pay. The goal of...
When answering, please refer to your answers according to the NUMBER in the box. Need to...
When answering, please refer to your answers according to the NUMBER in the box. Need to know answer but also if there was change or no change in column #9 Finding Equilibrium for I = 50, G = 50, and T = 50 (1) Output (Income) Y (2) Net Taxes T (3) Disposable Income YdY-T (4) Consumption Spending C = 100+ .25Yd (5) Saving Yd-C (6) Planned Investment Spending I (7) Government Purchases G (8) Planned Aggregate Expenditure C+I+G (9)...
PLEASE USE THE BELOW GIVEN DATA TO SOLVE THIS PROBLEM. INCLUDING THE BRIEF REPORT. THANK YOU....
PLEASE USE THE BELOW GIVEN DATA TO SOLVE THIS PROBLEM. INCLUDING
THE BRIEF REPORT.
THANK YOU.
Sales (Y)
Calls (X1)
Time (X2)
Years (X3)
Type
47
167
12.9
5
ONLINE
47
167
16.1
5
ONLINE
44
165
14.2
5
GROUP
43
137
16.6
4
NONE
34
184
12.5
4
GROUP
36
173
14.3
4
GROUP
44
160
14.1
4
NONE
34
132
18.2
4
NONE
48
182
14.1
4
ONLINE
41
158
13.8
4
GROUP
38
163
10.8
4
GROUP...
Question 2 Suppose a researcher gathered survey data from 19 employees and asked the employees to rate their job satisfaction on a scale from 0 to 100 (with 100 being perfectly satisfied). Suppose the...
Question 2 Suppose a researcher gathered survey data from 19 employees and asked the employees to rate their job satisfaction on a scale from 0 to 100 (with 100 being perfectly satisfied). Suppose the following data represent the results of this survey. Assume that relationship with their supervisor is rated on a scale from 0 to 50 (0 represents a poor relationship and 50 represents an excellent relationship); overall quality of the work environment is rated on a scale from...
PLEASE USE SPREADSHEET PROVIDED AS A GUIDE FOR YOUR ANSWER. Thank you Molton Company had 300...
PLEASE USE SPREADSHEET PROVIDED AS A GUIDE FOR YOUR ANSWER.
Thank you
Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period and transferred 1,200 units to finished goods inventory. The ending work in process inventory was estimated to be 70 percent complete. Cost data for the period follow: Product Costs $28,200 150,000 $178,200 Beginning balance Added during period Total Required Prepare a cost of...
Complete the following four hypotheses, using α = 0.05 for each. The week 5 spreadsheet can...
Complete the following four hypotheses, using α = 0.05 for each. The week 5 spreadsheet can be used in these analyses. 1. Mean sales per week exceed 42.5 per salesperson 2. Proportion receiving online training is less than 55% 3 Mean calls made among those with no training is at least 145 4. Mean time per call is 14.7 minutes Using the same data set from part A, perform the hypothesis test for each speculation in order to see if...
Question 7b - Conduct a Hypothesis Test to determine if there is evidence that the proportion of accounts with Good quality rating is less than 26%. Use significance level alpha=5%. Test Statistic = _...
Question 7b - Conduct a Hypothesis Test to determine if there is
evidence that the proportion of accounts with Good quality rating
is less than 26%. Use significance level alpha=5%.
Test Statistic = _________
P value = ___________
377 1 96·33 199 2 98 72 27 98 006 014 717 002 86 997 87 3 7 4 996 7 9 le le le le rede-le Ex Ex Ex Ex Ex Ex Ex Ex ee le le le le en Ma...
solvel only E F G H
below is pat data
3. A hospital administrator wished to study the relation between patient satisfaction (Y) and patients age (Xi, in years), severity of illness (X2, an index) and anxiety level (X3, an index). The administrator randomly selected 23 patients and collected the data in pat, where larger values of Y, X2 and X3 are, respectively, associated with more satisfaction, increased severity of illness and more anxiety. The data is saved in Moodle2...
1. Forecast demand for Year 4.
a. Explain what technique you utilized to forecast your
demand.
b. Explain why you chose this technique over others.
Year 3 Year 1 Year 2 Actual Actual Actual Forecast Forecast Forecast Demand Demand Demand Week 1 52 57 63 55 66 77 Week 2 49 58 68 69 75 65 Week 3 47 50 58 65 80 74 Week 4 60 53 58 55 78 67 57 Week 5 49 57 64 76 77...
PLEASE USE THE BELOW GIVEN DATA TO SOLVE THIS PROBLEM. INCLUDING
THE BRIEF REPORT.
THANK YOU.
Sales (Y)
Calls (X1)
Time (X2)
Years (X3)
Type
47
167
12.9
5
ONLINE
47
167
16.1
5
ONLINE
44
165
14.2
5
GROUP
43
137
16.6
4
NONE
34
184
12.5
4
GROUP
36
173
14.3
4
GROUP
44
160
14.1
4
NONE
34
132
18.2
4
NONE
48
182
14.1
4
ONLINE
41
158
13.8
4
GROUP
38
163
10.8
4
GROUP...
PLEASE USE SPREADSHEET PROVIDED AS A GUIDE FOR YOUR ANSWER.
Thank you
Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period and transferred 1,200 units to finished goods inventory. The ending work in process inventory was estimated to be 70 percent complete. Cost data for the period follow: Product Costs $28,200 150,000 $178,200 Beginning balance Added during period Total Required Prepare a cost of...
Question 7b - Conduct a Hypothesis Test to determine if there is
evidence that the proportion of accounts with Good quality rating
is less than 26%. Use significance level alpha=5%.
Test Statistic = _________
P value = ___________
377 1 96·33 199 2 98 72 27 98 006 014 717 002 86 997 87 3 7 4 996 7 9 le le le le rede-le Ex Ex Ex Ex Ex Ex Ex Ex ee le le le le en Ma...
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