MCM 723 Metrics and Analytics December 2‚ 2012 Think 4 A. Describe cost-based pricing and value-based pricing‚ noting the differences in approach and results. Give examples of products or services priced each way‚ and justify your reasoning. How could cost-based pricing lead to a price lower than customers would have paid and how does this impact the profit of a business? The Cost- based pricing concept is regulating the cost of production or fulfillment as the basis for pricing goods and
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The Metric system Have you ever looked at the back of a food item or drink to check nutritional values? Everything on the label is measured in the metric system. Do you actually know how much sugar you are getting? Or how much of a certain medication you can safely take? Have you ever thought that there should be ten inches in a foot‚ ten feet in a yard? A system with a standard that makes sense. Well you’re in luck with the metric system. The English Imperial system may be more familiar and
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1 mL = 1 cm3 Answers: a)0.5 b) 0.004 c) 8000 d) 0.009 e)0.002 f) 6000 g) 0.04 h) 0.012 i)0.0065 j) 7.02 k) 30 l) 603.5 m) 32 n) 0.038 Page 2 of 5 2. One cereal bar has a mass of 37 g. What is the mass of 6 cereal bars? Is that more than or less than 1kg? Explain your answer. 222 g less that halkf of a kg 3. Wanda needs to move 110 kg of rocks. She can carry l0 hg each trip. How many trips must she make? Explain your answer. 110 10 hg =1kg 4. Dr. O is
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(g) METRIC AND ENGLISH CONVERSION TABLES Use these tables to convert measurements between the English and (SI) metric systems. Length English 2.54 mi. cmyards m.= kmmiles 0.90 0.6214ymbol meter m m S inches 30.40centimeters 0.3937 cm=10mm 1.60 yd. 100cm kilometers km=l‚OOOm (SI) ft.centimeters Metric 1.0936 Symbol English Multiply the English measurement by the multiplier in the far right column to come up with the metric equivalent. English inches feet yards miles To Metric centimeters
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A business metric is also known as a financial ratio or performance indicator. Financial ratios lift the veil on a firm’s operating prowess‚ telling investors how the company navigates the doldrums of a bad company. There are four common types of performance indicators in modern-day financial analysis: Liquidity‚ Efficiency‚ Profitability‚ and Safety. Liquidity Ratios Working Capital Formula: Total Current Assets – Total Current Liabilities The working capital metric is a measure of both a
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chains: identifying innovations through the case of the VCR. IGI Publishing. HINES T‚ 2004. Supply chain strategies - customer-driven and customer-focused. Elsevier Butterworth-Heinemann. HOFMAN D‚ 2004. The hierarchy of supply chain metrics. SCMR (September Issue). HOPP WJ‚ 2003. Supply chain science. Wallace J Hopp ©. HUGOS M‚ 2003. Essentials of supply chain management. John Wiley & Sons. IRELAND RK with CRUM C‚ 2005. Supply chain collaboration - how to implement
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Do you consider the metrics organizations measure to be valuable? In order to develop a valuable HR metrics/performance measurement system it is imperative that organizations focus on their competitive strategy and operational goals‚ and should clearly define what employee competencies and behaviors are required to attain the above objective. (Becker‚ Huselid‚ & Ulrich‚ 2001‚ p. 52) Metrics are valuable if the actions and decisions which develop the metrics also develop the firm’s strategic
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By implementing these seven metrics into our market analysis and strategic direction we will better be able to predict future outcomes and create a higher value for CraveTV. First‚ we must identify how our brand is doing in contrast to our competitors. To identify our competitiveness the best metric to use would be market share. This will enable us to specifically evaluate both primary and selective demand in the current video streaming market. Although this metric may not provide sufficient information
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Defining an Effective Program Metric Carlos M. Carrasquillo Ríos‚ PMP Agenda • Objective • Definition • Key Elements of a Time-Based‚ Program Metric – – – – – – – Vision of Success Purpose Path to Completion Starting Point Actual vs. Plan Comparison Range of Allowable Values Appropriate Level of Detail • • • • What is an Effective Metric? Conclusion References Q&A Objective • We will identify the basic characteristics of a time-based progress metric‚ and show how each contributes
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Metrics Mastery Worksheets are designed to be in class exercises that your students can work on in class. This is a master document that provides all worksheets questions and answers. You can modify or change it as needed in order to prepare one page two sided exercises for your students to hand out in class. You can also easily turn the answers into powerpoint slides to review the answers in class. Table of Contents Worksheet: Metric 1 Expense Types 2 Worksheet: Metric 2 Percentage Change
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