Question
1. The owner of a bakery records the following data on demand for white bread loaves. Day 1 2 3 4 5 6 7 8
1. The owner of a bakery records the following data on demand for white bread loaves. Day 1 2 3 4 5 6 7 8 9 10 11 12 loafs 200 212 214 228 235 231 250 153 167 281 275 280 a. Plot the data to determine which type of equation, linear or nonlinear, is appropriate. b. Obtain a linear regression equation for the data. c. Use the regression equation to forecast demand on day 13. True/False 2. Forecasts for groups of items tend to be less accurate than forecasts for individual items because forecasts for individual items are not subject to as many influencing factors. 3. Job enlargement involves an increase in the level of employee responsibility for planning and coordinating tasks. 4. Efficiency generally declines after a work break. 5. The normal time in stopwatch time study is obtained by multiplying the observed time by the
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