ACCOUNTING Sri Lankan Gold Price Forecasting - Using Artificial Neural Networks (ANN) Abstract According to Dr Kennedy D. Gunawardene in 2009 The Artificial Neural Network is a collection of simple processors connected together and Each processor can only perform a very straight forward mathematical task‚ but large network of them has much greater capabilities and can do many things which one of its own can’t. The aim of this study is to find a model for forecasting gold prices in Sri Lanka by using
Premium Artificial neural network Neural network Artificial intelligence
DEMAND FORECASTING FOR CONSUMER NON-DURABLE GOODS LIKE EGGS & SOAP Introduction: Eggs are one of the popular items of food for non-vegetarians and semi-vegetarians. The present study tries to use regression technique of demad forecasting to estimate the demand fuction of eggs for Raigarh district of Chhatisgarh for various occupational groups in rural and urban areas. In this study we consider variables like size and composition of family‚ family income‚ occupation‚ number of earning members
Premium Regression analysis Linear regression Forecasting
Asian financial crisis of the 1990s. Total vehicle sales reached an all-time high of 605‚156 units in 2010‚ surpassing the previous highs of 548‚115 units in 2008 and 536‚905 units in 2009. Total vehicle sales in 2011 were 600‚123 units. This forecasting model is looking into the relationship between the sales of passenger car in Malaysia with the unemployment rate. The unemployment rate can be defined as the number of people actively looking for a job divided by the labor force. Changes in unemployment
Premium Regression analysis Linear regression Automobile
Questions for the Harvard case “Metabical: Pricing‚ Packaging‚ and Demand Forecasting for a New Weight-Loss Drug” For March 20‚ write responses to the following questions for the Metabical case. 1) How is Metabical different from the existing weight-loss options? How is it better or worse than the other options? Metabical is the first prescription drug approved specifically for overweight individuals (BMI between 25 and 30)‚ those individuals who have weight-loss goals of approximately
Premium Obesity Weight loss Nutrition
Six Rules for Effective Forecasting People at cocktail parties are always asking me for stock tips‚ and then they want to know how my predictions have turned out. Their requests reveal the common but fundamentally erroneous perception that forecasters make predictions. We don’t‚ of course: Prediction is possible only in a world in which events are preordained and no amount of action in the present can influence future outcomes. That world is the stuff of myth and superstition. The one we inhabit
Premium Management Strategic management Project management
Obermeyer Case Study Considering all the factors estimated in the case‚ the current problems are how to forecast the future demand with limited uncertainty as well as would that be too risky if increasing production in China due to China’s larger minimum order requirement and intense trade relationship with US. To solve those problems‚ we can first lay out what information and conditions we have: The minimum order quantity is 600 in Hong Kong and 1200 in China. The average cost of producing in
Premium Costs Economic order quantity Order theory
By 1991‚ LL. Bean Inc was in the catalog business. LL Bean was a major cataloger manufacturer and retailer in the outdoor sporting specialty field. Their golden rule was: "Sell good merchandise at a reasonable profit‚ treat your customers like human beings‚ and they will always come back for more". They had six million active customers‚ and by 1991‚ twenty-two different catalogs ("books") were mailed. 80% of all their orders came in by telephone. They mainly reached the client using direct marketing
Premium
Q1). Compare and Contrast Kaizen and TQM. Ans:- Total Quality Management (TQM):- Total Quality Management (TQM) is a comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback. TQM requirements may be defined separately for a particular organization or may be in adherence to established standards‚ such as the International Organization for Standardization’s ISO 9000
Premium Total quality management Management PDCA
The product comparison between Network Carriers and Low Cost Carriers and forecasting the future market trends and global competition in airline industry The deregulation in United Stated (US) since 1978 caused the emergence of new airline business models which are dynamic and competitive. The negotiation is less restrictive air services agreements contributed the explosion of new entrants with innovative business models entering the market. This phenomenon spread to Europe called
Premium Airline Low-cost carrier Ryanair
This summary paper provides a full description and analysis of the Human Resource Management (HRM) function. Included in this paper are key topics discussed in this module: the basic functions of Human Resource Management: planning and forecasting human resource requirements‚ recruitment and selection‚ appraisal‚ evaluation and employee motivation. Additionally‚ this paper addresses employee quality of life and productivity programs and improving the physical work environment. The relationships between
Premium Human resource management Management Human resources