Introduction into Apple: Apple Inc. was founded in 1976 and incorporated in 1977; it is headquartered in Cupertino‚ California. Apple’s focus is designing and developing personal computers and other software programs and portable devices. Apple’s mission statement is “Apple designs Macs‚ the best personal computers in the world‚ along with OS X‚ iLife‚ iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile
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WEATHER ANALYSIS & FORECASTING ** Weather Analysis: process of collecting‚ compiling‚ analyzing and transmitting the observational data of atmospheric conditions *this data & analysis is then used to forecast future weather conditions * Types of data: * Each weather station‚ 10‚000 around the world‚ collects the same data at the same time‚ at least 4 times per day(0000‚ 0600‚1200‚ 1800 GMT) * Most US stations also collect data continuously or at least every hour
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Demand Estimation Demand Curve Estimation ■ Simple Linear Demand Curves ■ The best estimation method balances marginal costs and marginal benefits. ■ Simple linear relations are useful for demand estimation. ■ Using Simple Linear Demand Curves ■ Straight-line relations give useful approximations. Identification Problem ■ Changing Nature of Demand Relations ■ Demand relations are dynamic. ■ Interplay of Supply and Demand ■ Economic
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1) Define and compare the business models and areas of strength of Apple‚ Google‚ and Microsoft. A) Microsoft’s business model is operating systems which 95%of all computers use worldwide. The strengths for Microsoft are that they are still the leader in PC operating systems and desktop productivity software. But has failed miserably with regards towards smartphone hardware and software‚ mobile computing‚ cloud-based software apps; its internet portal B) Apple’s business model mainly focuses
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Apple Inc. has long been a leader in the consumer electronics industry. Apple’s success has lead to fierce rivalries from competitors wanting a piece of the growing industry. Two of Apple’s most notable rivalries are with Samsung and Google. It is worth noting that for the majority of Apple’s existence‚ Microsoft had been seen as their biggest competitor. Although Microsoft is still a competitor‚ Samsung and Google’s successful entry into mobile consumer electronics has left Microsoft lagging behind
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left the company "scrambling to get enough screens ready". (source: http://www.theweek.co.uk/technology/iphone-6/58548/iphone-6-screen-flaw-could-delay-launch-plans#ixzz3BZgz1vbc) Task :Discuss the news while underlying the operation strategy of Apple; you need to discuss the company’s order qualifiers and order winners and its competitive priorities. 2. Choose an Emirati company of your choice and discuss its supply chain strategy. You need to cover the point while paying attention to the nature
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Apple Case Discussion Notes: 1. What‚ historically‚ has been Apple’s competitive advantage? - Innovation. They were the first ones to create a personal computer‚ first to capitalize on the MP3 movement‚ first to create the tablet computer. They have the first mover advantage in their efforts. - First mover strategy of being the first company to do something - A case can be made for efficiency with their quick turnaround of product updates 2. Analyze the personal computer industry. Are
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TYPES OF FORECASTING METHODS Qualitative methods: These types of forecasting methods are based on judgments or opinions‚ and are subjective in nature. They do not rely on any mathematical computations. Quantitative methods: These types of forecasting methods are based on quantitative models‚ and are objective in nature. They rely heavily on mathematical computations. QUALITATIVE FORECASTING METHODS Qualitative Methods Executive Opinion Market Research Delphi
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Case Forecasting Beer Demand at Anadolu Efes Murat Köksalan Department of Industrial Engineering‚ Middle East Technical University‚ Ankara 06531‚ Turkey koksalan@ie.metu.edu.tr Selin Özpeynirci ˙ ˙ Department of Industrial Systems Engineering‚ Izmir University of Economics‚ Izmir 35330‚ Turkey‚ selin.ozpeynirci@ieu.edu.tr Haldun Süral Department of Industrial Engineering‚ Middle East Technical University‚ Ankara 06531‚ Turkey sural@ie.metu.edu.tr Key words: forecasting; regression
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1. Inventory decisions at L. L Bean use statistical processes on the frozen forecasts provided by the product managers. L. L Bean uses past forecast errors as a basis of measurement for future forecast errors. The decision for stock involves two processes. Firstly‚ the historical forecast errors are computed. This involves taking the ratio of actual demand to forecast demand. The frequency distribution of historical errors is then compiled across items‚ for new and never out items separately‚ to
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