Cover Type B TO BE RETURNED AT THE END OF THE EXAMINATION. THIS PAPER MUST NOT BE REMOVED FROM THE EXAM CENTRE. STUDENT NAME: ________________________ STUDENT NUMBER: _______________________ LECTURER’S NAME: ____________________ LECTURE DAY & TIME: _________________ _____________________________________________________________________ MID-SEMESTER EXAM SPRING SEMESTER 2013 SUBJECT NAME : Financial Modelling and Forecasting SUBJECT NO. : 25705 DAY/DATE : Monday
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COMM 225: MIDTERM REVIEW QUESTIONS TOPIC: PROJECT MANAGEMENT Q 1.1: Kozar International‚ Inc. begun marketing a new instant-developing film project. The estimates of R&D activity time (weeks) for Kozar’s project are given in the table below. The project has two paths: AC-E-F and A-B-D-F. Assume the activity times are independent. a) What is the probability that the project will be completed between 35 and 45 days? b) If the time to complete the path A-B-D-F is normally distributed‚ what is the probability
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Homework Chapter 3 (2‚ 6‚ 7‚ 8‚ 9 ‚11‚ 12‚ 13‚ 14‚ 16) 3-2 Develop your own model of the steps in the planning process. First‚ planning process is a set of steps and strategies to achieve a goal or an aim. The planning process may consist of a missions and visions to help in achieving the objectives that must be identified in an earlier stage. Steps that are required in the planning process include: 1. Start with addressing the mission of this project. 2. Create alternatives ways to archive
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chains subject to information delays. Manage Sci 45:1076–10904. Chen F‚ Drezner Z‚ Ryan JK‚ Simchi-Levi D (2000) 8) Quantifying the bullwhip effect in a supply chain: The impact of forecasting‚ lead times‚ and information 9) The impact of exponential smoothing forecasts on the Bullwhip effect. Naval Res Logistics 47:269–2866. Clark AJ‚ Scarf H (1960) 10) Optimal policies for a multi-echelon inventory problem 11) Value of information sharing in a capacitated supply chain. Manage Sci 45:16–249.
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INTRODUCTION In today’s business world‚ supply chain management has never been more important. Operational efficiency hinges on the ability to properly forecast and meet demand from customers‚ wholesalers‚ distributors‚ and many other key players. Any distortion of this information can be very costly and may require permanent changes to a firm’s supply chain infrastructure. Perhaps the most infamous source of this demand data variability is the bullwhip effect. DEFINITION & CAUSES In 1990
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INTERNATIONAL SCIENTIFIC DAYS 2006 "Competitivness in the EU – Challenge for the V4 countries" Faculty of Economic and Management SAU in Nitra Nitra‚ May 17-18‚ 2006 THE SALES FORECASTING TECHNIQUES MARTINOVIC Jelena‚ (SCG) - DAMNJANOVIC Vesna‚ (SCG) ABSTRACT Many sales managers do not recognize that sales forecasting is their responsibility. In this paper we summarized techniques that manager used into two types: qualitative and quantitative techniques. We also discuss the use of computer
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MARKET AND DEMAND ANALYSIS | In most cases‚ the first step in project analysis is to estimate the potential size of the market for the product proposed to be manufactured and get an idea about the market share that is likely to be captured. To make an idea about these things an in depth study and assessment of various factors like patterns of consumption growth‚ income and price elasticity of demand‚ composition of the market‚ nature of competition‚ availability of substitutes‚ reach of distribution
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specified component and then combines the data output into an overall forecasted value. A variety of statistical decomposition methods exist. Simple Exponential Smoothing Unlike decomposition‚ which uses the entire history of a product as the forecast input‚ simple exponential smoothing uses a weighted moving average. Because simple exponential smoothing seeks to reduce‚ or smooth out‚ the irregular patterns in a product over time‚ this forecasting method works best with products whose main component
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Exam 3 Outline SCM 303 Chapter 12 Demand Planning: Forecasting and demand management Demand Planning- the combined process of forecasting and managing customer demands to create a planned pattern of demand that meets the firm’s operational and financial goals. Fluctuating customer demand cause operational inefficiencies‚ such as: Need for extra capacity resources‚ backlog‚ customer dissatisfaction‚ system buffering (safety stock‚ safety lead time‚ capacity cushions‚ etc.) 3 basics tactics
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average method assigns 4. Form utility drives the need for b. a fixed location layout where the product remains in place for the duration of production.(No Answer) 1. CORRECT: A project layout is 2. Capacity is 3. Gross margin equals 4. Exponential smoothing b. EOQ(No Answer) 1. CORRECT: Seasonal stocks are not influenced by 2. Vertical collaboration refers to 3. Focused production is 4. Customer service can be defined as b. Effective order management can have an impact on(No Answer) 1.
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