Forecasting Trends in Time Series Author(s): Everette S. Gardner‚ Jr. and Ed. McKenzie Reviewed work(s): Source: Management Science‚ Vol. 31‚ No. 10 (Oct.‚ 1985)‚ pp. 1237-1246 Published by: INFORMS Stable URL: http://www.jstor.org/stable/2631713 . Accessed: 20/12/2012 02:05 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars‚ researchers
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1) How do the principles outlined in the “principles of redesign” relate to the changes suggested by Andy in the Call Center Design for Lion Financial Services? One of the process design principles is to enable workers to make decisions. Andy is assigning the decision-making authority to the agent‚ by providing the agents with clear-cut rules of thumb to guide them through resolving customer issues and by providing a call blueprint that details how to respond to specific calls. Should
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On the Influence of World Religions on International Trade 209 11 ON THE INFLUENCE OF WORLD RELIGIONS ON INTERNATIONAL TRADE Matthias Helble As the world economy is integrating‚ trade between countries is growing rapidly. The exchange of goods not only has an economic‚ but also a cultural dimension. This paper investigates the possible ways that religion influences international trade patterns. It studies the view of the five world religions‚ namely Hinduism‚ Judaism‚ Buddhism‚ Christianity‚ and
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Abstract Forecasting hotel arrivals and occupancy is an important component in hotel revenue management systems. In this paper we propose time series approach for the arrivals and occupancy forecasting problem. In this approach we simulate the hotel reservations process forward in time. A key step for the faithful emulation of the reservations process is the accurate estimation of its parameters. We propose an approach for the estimation of these parameters from the historical data. We considered
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Case 6: The Financial Detective MBA 730-01 Group 2 Introduction Financial characteristics of companies vary both from industry to industry and within a single industry for a variety of reasons. The challenge for any company in planning its strategy is the consideration of the industry’s economics in conjunction with their own strategy to help the company’s financial statements remain strong and competitive across both lines. In this case‚ we are asked to use this consideration of strategies
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Forecasting at Hard Rock Café Forecasting is important for all manufacturing and services companies. Hard Rock Cafe needs to forecast for the long term‚ intermediate term‚ and short term. These three different forecasting applications are essential to the cafes day by day operations‚ and for a successful planning of budget‚ profits forecast‚ and cash flow forecast. In the long term a forecast is used to determine the capacity needed for the growth of sales in each store. The sale forecast
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PROBLEMS Carter Corporation’s sales are expected to increase from $5 million in 2006 to $6 million in 2007 or by 20 percent. Its assets totaled $3 million at the end of 2006. Carter is at full capacity‚ so its assets must grow at the same rate as projected sales. At the end of 2006‚ current liabilities were $1 million‚ consisting of $250‚000 of accounts payable‚ $500‚000 of notes payable‚ and $250‚000 of accruals. The after-tax profit margin is forecasted
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underrecorded income earned‚ we could consider this as a financial reporting fraud. The auditor would have identified the risk primarily through analysis of financial results and review of operational procedures. b) The auditor should pay close attention to the changes of company’s financial result and analyze those changes in time to see if they are reasonable. Most auditors should have detected this kind of material misstatement in company’s financial results‚ because this defalcation is caused by a personal
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Campus Deli Inc. Case Analysis Prepared by: Angelica Kristine Gaco Rizza Carla Ramos Campus Deli Inc Assume that you have just been hired as business manager of Campus Deli (CD)‚ which is located adjacent to the campus. Sales were $1‚100‚000 last year; variable costs were 60% of sales; and fixed costs were $40‚000. Therefore‚ EBIT totaled $400‚000. Because the university’s enrollment is capped‚ EBIT is expected to be constant over time. Because no expansion capital is required‚ CD pays out all
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September 11‚ 2001 changed America forever. The 9/11 cases challenged the government power and its relation to individual rights during times of war. Al-Qaeda‚ a terrorist organization funded by Osama bin Laden targeted the American government in a series of deadly attacks on 9/11 that killed over 3000 people and injured scores of others. The United States declared an act of war against Terrorism and soon was heavily involved in both Afghanistan and Iraq. Similar to the Korematsu v. U.S. (1944) Supreme
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