Decision Science Management: Please show all your work with the problems in steps but NOT just answers. 22. Reiser Sports Products wants to determine the number of All-Pro (A) and College (C) footballs to produce in order to maximize profit over the next four-week planning horizon. Constraints affecting the production quantities are the production capacities in three departments: cutting and dyeing; sewing; and inspection and packaging. For the four-week planning period‚ 340 hours of cutting
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Rapid Repeat Purchase Scoring Framework (RRPS) Abstract As organizations face a tough economic environment‚ with declines in sales‚ the business model needs to adapt itself to changing economic realities. In such a scenario the conventional wisdom of mining existing installed base takes precedence over new customer acquisition. We developed a Customer Repurchase Probability model to help predict & target customers with a high likelihood of repurchase in the next n units of time. Our Rapid Repeat
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Frank J. Fabozzi‚ CFA Yale University and Journal of Portfolio Management Sergio M. Focardi The Intertek Group Petter N. Kolm Yale University Trends in Quantitative Finance Statement of Purpose The Research Foundation of CFA Institute is a not-for-profit organization established to promote the development and dissemination of relevant research for investment practitioners worldwide. The Research Foundation of CFA Institute and the Research Foundation logo are trademarks owned by The
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evaluate and control the situation continuously to achieve these objectives Definitions Quantitative techniques are those statistical and programming techniques‚ which help decision makers solve many problems‚ especially those concerning business and industry Quantitative techniques are those techniques that provide the decision makers with systematic and powerful means of analysis‚ based on quantitative data‚ for achieving predetermined goals These techniques involve the use of numbers symbols
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Research in social sciences largely depends on measurements and analysis and interpretation of numerical as well as non numerical data. Quantitative research methods - focus on statistical approaches and qualitative methods are based on content analysis‚ comparative analysis‚ grounded theory‚ and interpretation. Quantitative methods- emphasize on objective measurements and numerical analysis of data collected through polls‚ questionnaires or surveys and qualitative research focuses on understanding
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Reinventing the organisation - Heinz Europe A Heinz case study Introduction The business writer‚ Charles Handy‚ illustrates the need for organisations to reinvent themselves by the sigmoid curve - effectively an ‘S’ shape on its side. An organisation which appears to be successful is on the upward growth path of the curve (point A). At this time‚ the organisation is making high sales and profits and is able to pay healthy dividends to shareholders. You may think‚ therefore‚ that there is no reason
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Quantitative and qualitative research Introduction: Research designs are plans and the procedures for research that span the decisions from broad assumptions to detailed methods of data collection and analysis. There are two main designs: quantitative and qualitative. Quantitative and qualitative approaches should not be viewed as polar opposites or dichotomies; instead‚ they represent different ends on a continuum. Definition of quantitative research: ▪ In the social sciences
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Qualitative and Quantitative Approaches RES/351 June 17‚ 2014 University of Phoenix Professor Pamela Campbell Qualitative and Quantitative Approaches Business researchers utilize various forms of approaches to analyze and obtain information and data‚ and two of the most popular approaches used are the qualitative research approach and quantitative research approach. Each approach can be beneficial or in some cases may cause inconclusive results
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Quantitative and Qualitative Research Sheri Doubleday May 16‚ 2011 Research procedures depends on the analyzing data and questions on the topic being researched. All research can be differentiated on the basis of whether its methodology produces mostly numerical data (e.g.‚ scores and measurements) or mostly narrative data (e.g.‚ verbal descriptions and opinions) (Mertler‚ C. & Charles‚ C. 2011‚ p 24). Qualitative research and quantitative research are two types of research methods.
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Index Models Download 61 months (October 2007 to October 2012) of monthly data for the S&P 500 index (symbol = ^GSPC). Download 61 months (October 2007 to October 2012) of IBM data and 61 months (October 2007 to October 2012) of GE data. Download 60 months (November 2007 to October 2012) of the 13 week T-bill rate (symbol = ^IRX). Be sure to use end-of-month data! Construct the following on a spreadsheet: 1. Calculate 60 months of returns for the S&P 500 index‚ IBM and GE. Use November 2007 to
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