INDUSTRIAL STATISTICS AND OPERATIONAL MANAGEMENT 6 : FORECASTING TECHNIQUES Dr. Ravi Mahendra Gor Associate Dean ICFAI Business School ICFAI HOuse‚ Nr. GNFC INFO Tower S. G. Road Bodakdev Ahmedabad-380054 Ph.: 079-26858632 (O); 079-26464029 (R); 09825323243 (M) E-mail: ravigor@hotmail.com Contents Introduction Some applications of forecasting Defining forecasting General steps in the forecasting process Qualitative techniques in forecasting Time series methods The Naive Methods Simple Moving
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Case – Sales Oranisation ABC & Company started manufacturing Soya Chunks at Bhopal in 1995. They put up a small Extractor Plant comprising of Mixer‚ Blender‚ Extractor‚ Driver at a cost of Rs. 15 Lacs. They were buying Soya powder from Indore. Initially the sales was in bulk. They used to sell in bags of 20 Kgs each only In 1997 Sales was 500 Tonnes amounting to approx Rs. 1 Crore. There were 1 Sales Manager and 2 Sales Executives. Mostly Sales was confirmed through the wholesale Market in
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This literature reviews discuss about the information gathered by reading journals and websites. It explains several important terms being used in developing a Student Information Management System. While‚ project methodology is methods or technique used to complete this project. This chapter covers the related literature and brief analogy of the proposed study which was used as a basis of reference. The theory‚ concepts‚ and principles used in analyzing the research were also tackled in the
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http://www.researchandmarkets.com/reports/869/ Sales Force Structures and Strategies 2001: A Case Study Analysis of Effective Sales Force Management Description: As sales forces expand to maintain share of voice in an increasingly competitive market and physicians limit the time spent with sales representatives‚ ROI on detailing is in decline. Therefore‚ maximizing field force productivity is vital to the future success of all pharmaceutical companies. Sales Force Structures and Strategies 2001 is an
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Adam and Matt. As always after school we all came over to my place for dinner‚ then go downstairs into my gaming room. Three desks with three really comfortable office chairs. We all had ultrahigh spec laptops and we all just got new surround sound headsets for Christmas. We spent hours on our laptops playing video games together on a daily basis. But this one day right after New Year something unordinary and unforgettable started happening. Our New Year’s holiday was coming to an end‚ we only had
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The advent of computers has revolutionized the workplace and redefined operational practices. The use and deployment of computers‚ computer systems and information technology (IT) applications in every aspect of business is now commonplace. The recent application and adoption of Web-based‚ information and telecommunication technologies has force-multiplied the capabilities and benefits of computers. The importance of computers in business cannot be overstated. Collaboration o Businesses are using
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SALES CONTROL SYSTEM Purpose of a sales control system 1. There must be efficient control of all food and beverage items issued from the various departments. 2. The system should reduce any pilfering and wastage to a minimum. 3. Management should be provided with any information they require for the costing purposes. 4. The cashier should be able to make out the customer’s bill correctly. 5. The system should show a breakdown of sales and income received in order that adjustment and improvement
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Installment Sales The DJ Company accounts for sales of merchandise on the installment basis. At the end of each year it recognizes gross profit on these sales‚ considering collections during the year to be composed of cost and gross profit elements. The balances of the control accounts for installment contract receivable at the beginning and at the end of 2009 were: 1/01/2009 12/31/2009 Installment Accounts Receivable: 2007………………………… P 24‚020 P - 2008………………………… 344‚460 67
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Health Promotion In this reflection essay I will discuss about health promotion activity which took place during my placement in St’Clare Centre ‚Glassnevin‚ Ballymun. Health promotion allows one to empower and educate individuals to make lifestyle choices and changes to promote their health and help prevent disease (Naidoo and Wills 2000). This can be challenging when individual health beliefs differ. According to Whitehead (2004) the concept changes with demands‚ it is delivered by health workers
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Sales Letter of Road Condition System 莫茜淘 Dear travelers: Do you feel annoyed with waiting in long fleet? Were you ever no ready for the poor road condition? For everyone who goes out by driving‚ a perfect route always means a good start before a wonderful trip. Thus‚ we feel threatened by such a common phenomenon that we have to wait for nearly one hour when encountering traffic jam‚ especially in some big cities like Beijing or Guangzhou. How can we avoid this annoying problem?
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