MGS 3100 - Business Analysis - Summer 2013 Sample Test (Test 2‚ July 10th‚ 2013) Name: _______________________________ ID number: _____________________ Multiple Choice: Select the one correct (or best) answer. For questions with calculations‚ select the closest answer‚ as there may be differences due to rounding. No part credit. No penalty for guessing (so answer all questions!). 3 points for each. Transfer answers carefully to the Scantron. *Cell phone is required to be off during the test
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growing of economy in the world‚ the transportation of dangerous goods has significant growth. For the increasing of transportation of dangerous goods in the world‚ it become very important to involve in the supply chain understand for the transportation‚ storage and handle dangerous goods in order to reduce accidents (ASEAN 2011). Carriage of dangerous goods cannot treat as normal goods (non-dangerous goods). The difference is the risk of leakage during transportation‚ it will lead to the loss of human
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relevant to the strategic management process. In this unit‚ the focus is on the management of costs through the use of forecasting‚ appraisal and financial reporting procedures. The main objective is to provide learners with the tools and confidence to apply analyze and evaluate financial information. This will enhance their decision-making skills through the use and validation of forecasting techniques‚ and the consideration of financial statements. To complete this unit effectively learners will need
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available. Chapter 11 1. Explain how forecasting is used at different levels of an organization. Be very detailed and specific. Forecasting is the process of projecting the value of one or more variables into the future. Forecasting is used to gain the customer‚ keeping the customer and the production process of value creation. 2. Explain the difference between statistical forecasting and judgment forecasting. Be very detailed and specific. Statistical forecasting is based on the assumption that
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the list below: The select one industry from the list below is restaurant 2. What specific variables would be needed by that organization in order to forecast? Be sure you explain "why" you selected each variable and why it is important to forecasting.. Sales forecasts are common and essential tools used for business planning‚ marketing‚ and general management decision making. A sales forecast is a projection of the expected customer demand for products or services at a specific company‚ for
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FORECASTING FUNDAMENTALS Forecast: A prediction‚ projection‚ or estimate of some future activity‚ event‚ or occurrence. Types of Forecasts * Economic forecasts * Predict a variety of economic indicators‚ like money supply‚ inflation rates‚ interest rates‚ etc. * Technological forecasts * Predict rates of technological progress and innovation. * Demand forecasts *
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PowerPoint Slides Prepared by Robert F. Brooker‚ Ph.D. Copyright 2007 by Oxford University Press‚ Inc. Slide 1 Qualitative Forecasts • Survey Techniques – Planned Plant and Equipment Spending – Expected Sales and Inventory Changes – Consumers’ Expenditure Plans • Opinion Polls – Business Executives – Sales Force – Consumer Intentions PowerPoint Slides Prepared by Robert F. Brooker‚ Ph.D. Copyright 2007 by Oxford University Press‚ Inc. Slide 2 PowerPoint Slides Prepared
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Key Supply Chain Performance Indicato ISCOM 370/Strategic Supply Chain Management Key Supply Chain Performance Indicators Performance indicators are used to measure the performance of an organization. These measurements are used to evaluate how successful an organization is progressing toward the long term goals set by management. Key supply chain performance indicators are different depending on the long-term goals or the vision of an organization. When evaluating the performance of each when
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visitors to Las Vegas in 2013. Revenue for the limousine service is driven by the amount of visitors to the area. Therefore‚ in order to forecast the company’s revenue‚ Denis will have to prepare a forecast for visitors to Las Vegas using different forecasting methods. The best forecast method will be chosen and will help determine the growth of revenue; and ultimately decide whether Dumitru should replace three vehicles as well as add two additional vehicles to his fleet. Background In 1983‚ Dumitru
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The Problems of Using Public Transport The public transportation system in Malaysia is well-developed. Train‚ bus‚ light rail transit are public transport that used by a lots of people. Public transport brings advantages to the public. It provides accessible transport for the people who need it. Besides‚ it helps in reducing the air pollution too. Although public transport us benefits but there is some problem in public transportation. The main problems are unpunctuality of the public transport
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