What are the two important components of a geographic information system? (multiple choice questions) A. attribute data b. map information c. qualitative data D. Cadastral Information
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What are the two important components of a geographic information system?
(multiple choice questions)
A.
attribute data
b.
map information
c.
qualitative data
D.
Cadastral Information
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Solved in 2 steps
- Under what conditions might a firm use multiple forecasting methods?1. Which method would you choose to compute dissimilarity between clusters using the distance between two observations, one from each cluster,that are the most different? a. Group average linkage b. Ward's method C. single linkage d.Complete linkage 2.Cluster analysis is often used for what business purpose? a.Segmenting customers b. predicting product demand c. Forecasting revenue d.Assessing product success2) When a hotel wants to improve its profitability, the first set of data to consider is the hotels: a) Industry averages b) Budgetary data c) Historical data...
- 2.1 Compare and contrast between the grassroots forecasting technique and the Delphi method. 2.2 Explain integrated service providers in logistics managementHow is general problem related to specific problems? (About research paper)What are some of the common Business Statistics used in Excell for Hospitality Management?
- 2.1 Forecasting plays an important role in logistics planning, differentiate between quantitative and Qualitative forecasting methods. 2.2 Organisations often use various forecasting techniques depending on the objectives they seek to attain.Explain the following forecasting techniques.Use quantitative methods for the data shown below: Period 1 2 3 4 5 6 7 Observation 24 34 36 37 41 44 45 i) Naïve method: ii) Three period moving average iii) Three period Weighted moving average iiii)Four-period Moving Average iiiii)Four-period Weighted Moving Average b. Plot the original time series and comment on the appropriateness of a linear trend.16- Statistical forecasting models have the following weaknesses, except __________. a. Can be costly and time consuming to model “soft” information b. Can process large amounts of data c. Slow to react to changing environments d. Only as good as the model formulation and the data it is based upon
- Data collection strategies depends on what? Give 5 examples?What forecasting technique makes use of written surveys or telephone interviews? Historical analogy, Delphi method, Marketing research, Ad hoc forecasting, or Collaborative forecasting? 2 Which qualitative forecasting technique was developed to ensure that the input from every participant in the process is weighted equally? Historical analogy, Delphi method, Marketing research, Ad hoc forecasting, or Collaborative forecasting? 3 When forecasting demand for new products, sometimes firms will use demand data from similar existing products to help forecast demand for the new product. What technique is this an example of? Historical analogy, Delphi method, Marketing research, Ad hoc forecasting, or Collaborative forecastingTopic: The study of customers’ behavior towards online shopping as opposed to in-store.What can be the Background, Statement of Problem and Purpose of Research based on the topic above?