Types of Forecasts: Judgmental Time Series Associative Models Judgmental Forecasts: Executive opinions Sales force Composite Consumer surveys Outside opinion Opinions of managers/staff Delphi technique Time Series Forecasts Level-Long-term “base” of the data Trend- long-term upward or downward movement in data Seasonability- short-term regular variations in data at constant time intervals Cyclicity- long term variations due to economic cycle Random variations- Caused by chance. Unpredictable-
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P = price V = variable cost Fc = fixed cost t = time in yrs Chapter 11 quiz Q ‚ P ‚ V ‚ FC (based-plan‚ lower‚ upper) DEP = F0Costs / # yr’s Based price for (Q ‚ P ‚ V ‚ FC) multiply them each by WITHIN 10%‚ .10 than add‚ subtract Best case +P‚ +Q‚ -V‚ -FC Worst case –P‚ -Q‚ +V‚ +FC Best case scenario: OFC = [(Q+ x P+) – (Q+ x V-) – FC- – DEP] (1 - TAX RATE) +DEP high rev‚ low cost Worst case scenario: OCF= [(Q- x P-) – (Q- x V+) – FC+ – DEP] (1 - TAX RATE) +DEP high cost‚ low rev
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Forces What Is a Force? Forces represent the interaction of distinguishable objects. Specific forces: The weight W with magnitude W = m * g acts near Earth’s surface with g the gravitational acceleration. (m= mass) The normal force N is due to contact with a surface. It is directed perpendicular to the surface. The tension T is due to a taut‚ massless string. It is directed along the string. The external contact force Fext acts along the direction of the push. Unit: Force and force
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Music Analysis – Asher Harris Contemporary Classical Music‚ a modern from of art music that began in the 1920s to the present day. This style will be able to show the audience for the annual Young composers’ symposium the characteristics‚ tone and style of Contemporary Classical Music. A Brief history At the turn of the century‚ music was characteristically late Romantic in style. Composers such as Gustav Mahler‚ Richard Strauss and Jean Sibelius were pushing the bounds of Post-Romantic Symphonic
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Composition and Formation of Myelin Sheath Molecular Neurobiology Myelin may be made by different cell types‚ varies in chemical composition and configuration‚ but performs the same insulating function. Myelin is about 40% water; the dry mass of myelin is about 70 - 85% lipids and about 15 - 30% proteins. Some of the proteins that make up myelin are myelin basic protein (MBP)‚ myelin oligodendrocyte glycoprotein (MOG)‚ and proteolipid protein (PLP). The primary lipid of myelin is a glycolipid
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Nationalism: loyal to your country Political ideologies Conservatism- does not want change Liberalism- wants change Moderates- wants some changes Congress of Vienna Metternich: Foreign minister of Austria. He distrusted the democratic ideals of the French Revolution. Metternich wanted to keep things as they were. He had three goals for the congress of Vienna. 1. He wanted to prevent future French aggression by surrounding it with strong countries. 2 restore a balance of power. 3 restore
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ГРАММАТИКА КЛЮЧИ К УПРАЖНЕНИЯМ ИЗДАНИЕ ЧЕТВЕРТОЕ Упражнение 1 1. This is a book. It is my book. 2. Is this your pencil? — No‚ it isn’t my pencil‚ it is my sister’s pencil. 3. I have a sister. My sister is an engineer. My sister’s husband is a doctor. 4. I have no handbag. 5. She has got a headache. 6. Have they got a car? — Yes‚ they have. Their car is very expensive but reliable. 7. Have you got a calculator? — No‚ I haven’t. 8. Is this a watch? — No‚ it isn’t a watch
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WEEK 1 GEN Adverse reactions for drugs occur because: No drug has only one receptor it binds to. A drug that occupies and "turns on" a receptor is an: agonist Before marketing a new drug‚ the drug company asks the FDA to approve its choice of: trade name The time between when a drug response is observable and when there is no longer an observable drug effect is called the duration of action This term refers to how much of a drug must be given to see a desired response potency
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Off balance sheet financing is financing from sources other than debt or equity offerings‚ such as joint ventures‚ research and development partnership and operating leases. For complex institutions such as banks‚ they increase their use of off shore subsidiaries and swap transactions to avoid disclosing liabilities. In other words‚ off balance sheet accounting is a process which a business creates what is practically a debt that it must pay off‚ but the debt is accounted as another type of transaction
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Chapter 3 The Balance Sheet and Financial Disclosures Questions for Review of Key Topics Question 3-1 The purpose of the balance sheet‚ also known as the statement of financial position‚ is to present the financial position of the company on a particular date. Unlike the income statement‚ which is a change statement that reports events occurring during a period of time‚ the balance sheet is a statement that presents an organized array of assets‚ liabilities
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