As the operations manager of Colsam Company Limited‚ I have been tasked to make a presentation to management on the importance of forecasting. The presentation would be done along the following lines. * THE MEANING OF FORECASTING * STEPS USED TO DEVELOP A FORECASTING SYSTEM * QUALITATIVE FORECASTING * QUANTITATIVE FORECASTING * BENEFITS OF FORECASTING THE MEANING OF FORECASTING A planning tool that helps management in its attempts to cope with the uncertainty of the future
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STRATEGY FOR TESTING SERIES 1. Check for known series. p-series converges if . diverges if . (Note: When ‚ the series is the harmonic series.) geometric series converges if . diverges if . telescoping series converges if a real number. diverges otherwise. 2. Use a test. NOTE: When testing a series for convergence or divergence‚ two components must be shown: (i) State the test that is used: “Therefore‚ the series [converges/diverges] by the [name of test].” (ii)
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Levenspiel (Hfst. 14) p. 321 - 338 Tanks-inTanks-in-series model Another model that is frequently used to simulate the behavior of actual reactor networks is a cascade of ideal CSTRs operating in series. series Tanks-inTanks-in-series model 14 The actual reactor is replaced by n identical stirred tank reactors whose total volume is the same as that of the actual reactor. 1 2 Tanks-inTanks-in-series model Model definition: Tanks-inTanks-in-series model Material balance – tank N: t t⋅E =
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Faculty of Engineering & Computing Laboratory Report Title of Experiment: Series and Parallel Circuits Date Given: January 28‚ 2013 AIM: To investigate the circuits to tell whether the resistors are in parallel or in series also to determine the internal resistance of a 1.5V cell. THEORY: In this experiment it was expected of the experimenter to have a basic knowledge of circuits in both aspects theoretically and practically. A basic circuit comprises of a cell or power supply
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Course Outline for Spring 2012‚ Statistics 153: Introduction to Time Series January 16‚ 2012 • Instructor: Aditya Guntuboyina (aditya@stat.berkeley.edu) • Lectures: 12:30 pm to 2 pm on Tuesdays and Thursdays at 160 Dwinelle Hall. • Office Hours: 10 am to 11 am on Tuesdays and Thursdays at 423 Evans Hall. • GSI: Brianna Heggeseth (bhirst@stat.berkeley.edu) • GSI Lab Section: 10 am to 12 pm OR 12 pm to 2 pm on Fridays at 334 Evans Hall (The first section will include a short Introduction
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Making an Activity Series of Metals using different Solutions Purpose/ Hypothesis: The purpose of this lab was to clearly identify the reactivity of magnesium‚ zinc and copper. The metals reactivity will be exemplified as it will be tested with different solutions such as zinc sulfate (ZnSO4)‚ copper sulfate (CuSO4)‚ hydrochloric acid (HCL)‚ magnesium sulfate (Mg2SO4)‚ iron (II) sulfate (FeSO4) and tin (II) chloride (SnCl2). This will allow us in creating an activity series to visually see the reactivity
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Time Series Prediction of Earthquake Input by using Soft Computing Hitoshi FURUTA‚ Yasutoshi NOMURA Department of Informatics‚ Kansai University‚ Takatsuki‚ Osaka569-1095‚ Japan nomura@sc.kutc.kansai-u.ac.jp Abstract Time series analysis is one of important issues in science‚ engineering‚ and so on. Up to the present statistical methods[1] such as AR model[2] and Kalman filter[3] have been successfully applied‚ however‚ those statistical methods may have problems for solving highly nonlinear
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I. INTRODUCTION : Series-Parallel Connection is also known as the combined resistive circuits. This is the combination of series circuit and parallel circuit. Series circuit can be described as a circuit with only one path for charges to move along. This was also the common circuit connection in most rural areas. On the other hand‚ Parallel circuit can be described as circuit with multiple paths intended for charges to flow freely. This type of circuit connection was used in most urban areas
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Cells in series and in parallel Cells in Series When cells are connected in series with each other and they are all connected in the same direction the total potential difference supplied to the circuit is the individual potential differences added together. Vtotal = V1 + V2 + V3 Identical cells in parallel with each other When identical cells are in parallel with each other the total potential difference supplied to the circuit is equal to the potential difference of just one of the
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report on the time-series analysis of continuously compounded returns for Ford and GM for the periods January 2002 till April 2007 using monthly stock prices. This analysis is aimed at estimating the ARIMA model that provides the best forecast for the series. This paper will be divided into 2 sections; the first section showing the Ford analysis and the second the GM analysis. Section 1: Ford Figure 1: Time series plot for raw Ford data. Figure 1 shows a time series plot of the raw
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