Based on our calculations between the simple three-month moving average and the three period weighted moving average‚ the method that produced the best forecast was the weighted moving average. The reason why the weighted moving average is a better method is essentially because it does not assume that there will be equal weights for each period. Since the goal is to forecast future tire consumption‚ it makes more sense to assign heavier weights to more recent demand because the older demands become
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Sarojnee Devi Haulder PTLLS Level 4 Practical Question 5 EXPLAIN DIFFERENT METHODS OF FEEDBACK Learning is an active process. To learn‚ we need to plan what we ’re going to do; attempt to do it and then receive feedback on our work. We then use this feedback to improve the work we have just done; or‚ more often in education‚ to ensure that the next work we do embraces what we have learned. Feedback also affects how we feel about our work‚ and inevitably also about ourselves; feedback thus also affects
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What motivates people at work? What motivates people at work? There are 5 factors that can motivate people to work. Firstly‚ salary‚ financial gains and bonuses can motivate people. People work for money to live. The higher salary they get‚ the more motivated they become. For example‚ if the employer announces that he will give a bonus next month to the best employee; all the employees will want to get the bonus. They will be more motivated to work. Therefore‚ financial gain is a very important factor
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USING THE CONCEPT OF MODE OF PRODUCTION EXPLAIN THE MARXIST THEORY OF CONFLICT. GIVE SPECIFIC EXAMPLES. The term mode of production derives from the work of Karl Marx (1818–1883)‚ Marx used the term mode of production to refer to the specific organization of economic production in a given society. A mode of production includes the means of production used by a given society‚ such as factories and other facilities‚ machines‚ and raw materials. It also includes labor and the organization of the labor
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agree with the following statements? The theory of primordialism best explains the formation of all identity groups (based on nation‚ race‚ ethnicity‚ or religion) or identity politics (groups tied to a nation‚ race‚ ethnicity‚ or religion and who get involved in politics in order to achieve certain goals for one’s identity group) within countries. Furthermore‚ identity groups within a country always engage in violence with each other on a grand scale and demand the partitioning of a country (a
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"Warning: Saving May Be Hazardous to your Wealth" Financial institutions such as banks‚ insurance companies and pension funds are also known as ’Financial Intermediaries’. They dominate the financial scene all around the globe. It is virtually impossible to spend or save or lend or invest money nowadays without getting involved with some kind of financial intermediary in one way or another. Although all have similar functions‚ yet they are different. They are as follow... Banks versus Non-Banks
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Christopher M Melton Senior Research Paper March 2‚ 2010 Key Factors to Consider when Deciding on a Mode of Transport It is Friday evening and you have just sat down at the fireplace after a wonderful meal. You and your spouse open a bottle of your favorite Italian wine and sip away. All the time you are sipping away I bet you never thought once about how that exquisite bottle of wine made it to your living room. Most likely it’s travels involved something like this……a truck
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COMPARISON & CONTRAST TOPICS * Halloween night to prom night. * Your best friend to your archenemy. * Weeds to flowers. * Slave insurrection to the Revolutionary War. * Being the president to being a homeless person. * Being a snob to being a nerd. * Poverty to paranoia. * School bullies to dictators. * Church sermons to campaign speeches. * Acting to lying. * The 1970s to another decade. * The influence of music to the influence of books.
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Chapter 6 Modes of Entry Non-exporting modes of entry h Three main non-exporting modes of entry non- • Licensing (including franchising) • Strategic Alliances • Wholly owned manufacturing subsidiaries Three modes of entry Host Country Home country LICENSING Blueprint : “how to do it” Ho st WHOLLY-OWNED SUBSIDIARY A replica of home Host County Co un try STRATEGIC ALLIANCE (J.V.) A “joint effort” 1 The Impact of Entry Barriers h The non-exporting modes of entry
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Entry Mode Joint Ventures in India India’s restrictive commercial laws prohibit most foreign companies from setting up shop to compete with domestic retailers. However‚ a foreign company can invest in an Indian company through a joint venture agreement in the areas which are otherwise not reserved exclusively for the public sector or which are not under the prohibited categories such as real estate‚ insurance‚ agriculture and plantation. Foreign investment into India is governed by the Foreign
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