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Intermediate storage facilities that compile locally required information are called _____.

data mines

data marts

decision support systems

decision assessment systems

data warehouses

2. Data originating from studies that are conducted by others and for a different purpose than the one for which the data are being reviewed are called _____ data.

primary

secondary

quantitative

statistical

descriptive

3. Which statement below best reflects the general rule regarding how many group interviews should be conducted for a given research project?

Conduct interviews until no new insight is gained

Use at least 3 groups for every geographic region involved

Include groups of men only, women only, and men and women combined

The more homogeneous the groups, the more groups are needed

All of the above are true

4. The process for measuring semantic content of a communication to develop a qualitative picture of the respondents’ concerns, ideas, attitudes, and feelings is called _____.

brand mapping

component sorts

ethnographic interpretation

word association

content analysis

5. Which term below refers to a trained interviewer used for group interviews such as focus groups?

Therapist

Inquisitor

Moderator

Discussion guide

Probe

 
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Performance 3 bicyclette vélo 13.2 7195 Performance 4 D’Onofrio Pro 17.7 3500 Standard 5 Durbin Ultralight 15.0 6590 Standard 6 Fierro 7B 17.9 2200 Standard 7 HX 5000 16.2 5850 Performance 8 Schmidt 16.0 5300 Performance 9 Supremo Team 16.3 5500 Standard 10 WSilton Advanced 17.3 4100 Standard 11 XTC Racer 17.2 2680 Performance 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Download E 2 (download) and use both independent variables to create a model predicting the price of these bicycles. Yes/No: Should this model be used to predict price? A Which variable should be removed from the model? A Remove that variable and create a new model to predict price. How much variation in the data is explained by this model? (Keep four decimal places) A/ The average price is how far away from the regression line? (Enter a whole number) A/
 
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Based on the following information, answer the next 2 questions:

You’re looking at how the different Sales Promotions affect Sales. Thus, the IV is the type of sales promotion. It has 3 levels: 1) Discounts, 2) Free Shipping/Free Returns, and 3) Loyalty Programs. The DV is the average daily sales during the promotion (in $).
If the dummy-coded variable for “Discounts”, reads 1, for day-20, what does that mean?
Hint: Any dummy coded variable takes only two values: 0 and 1.
On day 20, the “Discount type” promotion was running.
Only 1 type of sales promotions was running on day 20.
The sales on day 20 was $1.
On day 20, the “Discount type” promotion was NOT running.

 
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This week we look at inventory analysis. The ABC analysis is used to help determine critical inventory and replenishment rates. This week we are going to use Excel to build an ABC analysis and create a cycle counting program to determine replenishment rates. The steps for the assignment are below.

  • Perform an ABC analysis for a kitchen of an upscale restaurant in Excel (use food items for this analysis).
  • If you can’t get that data, do it for your own kitchen at home. Create a cycle counting program for it.

Assignment format: Use an Excel sheet to build the ABC analysis and create the cycle counting program. No need to do a written analysis. Just do the worksheet.

Required is the screenshot of Excel Sheet

 
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