Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Question:Pioneer Aircraft Co. sells private, single-engine planes. Most sales are for customers engaged in private and leisure flying. In a 50-week period, sales in the past five years have averaged to the following:

PLANES SOLD                                            WEEKS THIS NUMBER SOLD

0                                                                                          40

 1                                                                                         8                     

 2                                                                                          1

 3                                                                                          1

 In a two-page essay, determine the items below:

1. Decide what approach is best used to determine probability. Distinguish between the approaches to make it clear that the approach used was the best fit for these airplane sales.

2. Determine if the approach would change if we also needed to track sales of some planes with GPS installed. Be sure to provide research to support your ideas. Use APA , and cite and reference your sources.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92464002
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

What kind of questions can you ask when choosing a location

What kind of questions can you ask when choosing a location for a restaurant?

Mary kate is a project manager in the it department for a

Mary Kate is a project manager in the IT department for a university. She has been asked to manage a project to create faculty intranet. The university has multiple campuses in various locations, and professors and other ...

What are some examples of contemporary information

What are some examples of contemporary information technology issues for which our society's moral guidelines seem to be nonexistent or unclear? (Hint: Think about issues that are generating a lot of media coverage.)

The market for truck hoods is perfectly competitive the

The market for truck hoods is perfectly competitive. The current equilibrium price is $500 and 80 units are sold per day. Suppose the own price elasticity of demand is -0.4 and the price elasticity of supply is 1.5, and ...

Assignment planning negotiationsyou become the us

Assignment: Planning Negotiations You become the U.S. Ambassador to the United Nations, and the President of the United States advises you that he doesn't want the U.S. to sign a new environmental bill. He feels it will ...

Read the article below and then answer the following

Read the article below and then answer the following questions. 1. Discuss the latest trends in Change management (short background, current situation, best practices and the future in the Change management field.). 2. W ...

Writing a paper about the ageing population how is the

Writing a paper about the ageing population. How is the ageing population a societal problem? How can this problem be fixed? Please help.

- can identify and explain diverse cultural perspectives on

- Can identify and explain diverse cultural perspectives on death and dying - Can analyze representations of death and mortality in art and popular culture Overview Aging and death are not subjects most people enjoy talk ...

Do you agree that the pace of technology change is

Do you agree that the pace of technology change is relentless? What do you think that means to most business professionals? To most organizations?

What should employers consider about compensation and

What should employers consider about compensation and benefits for successful recruitment of talented Gen Xers and millennials?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As