SMOOTHING TECHNIQUES Several techniques are available to forecast time-series data that are stationary or that include no significant trend‚ cyclical‚ or seasonal effects. These techniques are often referred to as smoothing techniques because they produce forecasts based on “smoothing out” the irregular fluctuation effects in the time-series data. Three general categories of smoothing techniques are presented here: • Naive forecasting models are simple models in which it is assumed that the
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THEORETICAL ASPECTS OF INVESTMENT ACTIVITY OF THE INDUSTRIAL ENTERPRISE In dynamically developing and rapidly changing environment such as economics of Ukraine‚ management of investment activity at enterprise as socio-economic phenomenon is in need of continuous improvement‚ development‚ deep knowledge‚ system presentation and practical application‚ therefore in systematic improving definition‚ identification. Investment activity at the industrial enterprise has been researched by such domestic
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adaptations of other technologies to the Internet. In large networks there might be multiple paths linking sender and receiver. Information may be switched as it travels through various communication channels. There are three typical switching techniques available for digital traffic. * Circuit Switching * Message Switching * Packet Switching Circuit switching is a
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Job Evaluation Methods There are three basic methods of job evaluation: (1) ranking‚ (2) classification‚ (3) factor comparison. While many variations of these methods exist in practice‚ the three basic approaches are described here. Ranking Method Perhaps the simplest method of job evaluation is the ranking method. According to this method‚ jobs are arranged from highest to lowest‚ in order of their value or merit to the organization. Jobs also can be arranged according to the relative difficulty
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classification has its own importance. Many costing techniques evolved in due course of time to ascertain the costs of above elements and to facilitate the control of the cost of the product. The main costing techniques that evolved include Absorption Cost Technique‚ Marginal Cost Technique and recently developed Activity Based Costing Technique. The purpose of this paper is to analyse the Absorption Cost Technique and Activity Based Costing Technique and to highlight their basic differences. With
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Editorial Evaluation Gabriel Hess City University of Seattle BC301 - Critical Thinking Cheryl-Ann Laws-Brown November 18‚ 2011 Editorial Evaluation: Feeling poorer? You have plenty of company. USA Today News Could it be true that more people live in poverty today than at any point in the last 50 years? An editorial from the USA Today website titled Feeling poorer? You have plenty of company. presents that exact argument. The following evaluation of this editorial will look at the strengths
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ABSTRACT This report describes capital budgeting techniques such as NPV (The NPV of an investment is the difference between its market value and its cost‚ IRR (The IRR is the discount rate that makes the estimated NPV of an investment equal to zero. PAYBACK (The payback period is the length of time until the sum of an investment’s cash flows equals its cost)‚ discounted payback period (The discounted payback period is the length of time until the sum of an investment’s discounted cash flows equals
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Write an essay on monitoring and evaluation (M&E) in which you: describe the difference between monitoring and evaluation distinguish between participatory M&E and conventional M&E describe how participatory monitoring and evaluation (PM&E) is used in practice with specific reference to case studies from China Title: Monitoring and Evaluation (M&E) TABLE OF CONTENTS PAGE 1 Introduction 3 2 The difference between monitoring and evaluation 3 3 Distinguishing Participatory
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Motivational Techniques Motivation‚ everyone who has a desire to succeed in life and in business usually has some form of it. Motivation represents those psychological processes that cause the arousal‚ direction‚ and persistence of voluntary actions that are goal directed (Kreitner & Kinicki‚ 2008‚ p. 210). But one must ask‚ what makes a company successful? Is it the products they make? Is it the marketing they use? Or is it the people that work for the organization that makes them successful? After
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The Delphi Technique — What Is It? | 2. | History | 3. | Key characteristics | 4. | Role of the facilitator | 5. | Use in forecasting | 6. | Acceptance | 7. | Delphi applications not aiming at consensus | 8. | Delphi vs. prediction markets | 9. | The Delphi Technique | 10. | Disrupting the Delphi | 11. | From the representative Republic to a Participatory Democracy | 12. | Prioritization Process Using Delphi Technique | 13. | Delphi Method | The Delphi Technique — What Is
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