Problem
• Explain fully how exponential smoothing was used to forecast tablet computer sales in Example 10.9.
• Discuss fully the Moore Pharmaceuticals and the 3 questions we might be interested in have answered.
• Discuss the differences amongst cluster analysis, discriminant analysis, and logistic regression.
• Identify and discuss the 4 basics steps of any optimization model.
• Identify 3 types of optimization models, the decision variables, and the objective function.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.
Text Book: Business Analytics- Methods, Models, and Decisions by James R. Evans, SECOND EDITION.
Chpter 10.