Using historical data of similar products sold in the previous season and looking at their a/f ratio (actual demand/forecasted demand) is one way of establishing the variation in the forecast accuracy. this method allows us to calculate a mean and standard deviation for a product's forecast based on a forecast given by marketing. for example, marketing thinks we will sell 3,200 hammer 3/2s. using the historical data, we adjust this forecast to: expected actual demand for hammer 3/2 (μ) = 0.9975 × 3,200 = 3,192. standard deviation of actual demand (σ) = 0.369 × 3,200 = 1,181. explain why this adjustment and information is useful for operations.
lol, uh i think hes out already
the answer is: objective
objective component of effective feedback is aimed to give constructive criticism based on the actual performance result measured in a generalized standard.
offering such feedback will make the receiver of the feedback become less defensive and much more willing to adopt the criticism and implement it to improve their work result.
the correct answer should be a.
the answer is (d) goods produced by citizens of the country who are currently overseas.
gross domestic product (gdp) can be defined as the total value of goods and services produced in a particular country, over a given period of time. it doesn't matter if it's produced by her citizens or foreigners, as long as it is within the boundaries of a particular country, their production is included in that country's gdp.
for example, the bmw group is a german company, however, cars manufactured in the united states are included as part of the united states gdp, it will not be calculated for germany.
therefore, goods produced by citizens of a country, who are currently overseas will be counted to the gdp of the country where the goods are produced.