Planning and control systems , Business Management

a) You are required to carry out a suitable time series analysis using the MINITAB project file SALES.MPJ.  The data set pertains to 8 years of monthly sales (£'000s) for a company.

A management accountant in the product division was asked to develop a model that could be used to obtain short-term forecasts of the monthly demand.  Comment upon your results and the methodology used.

b) You are required to carry out a regression analysis using the MINITAB project file FINANCIAL.MPJ.  The database contains financial data on 100 companies.  Use Total Revenues, Total Assets, Return on Equity, Earnings per Share, Average Yield and Dividends per Share to predict the average P/E ratio for a company.

The analysis should include any necessary diagnostic procedures to validate your results.  It should also cover the regression diagnostics to check the validity of the data and the assumptions underlying linear regression.  You are reminded that your analysis should contain adequate statistical analysis with appropriate discussions to convey your understanding of the statistical procedures involved.

Present your findings in the form of a technical report which should be word-processed. The style and presentation of your work is, however, important and should be in-line with what would be presented in a commercial/business environment

Capture electronically, the regression results from MINITAB and to import them into WORD so that they can be edited and presented in a professional manner.

Required:

1. Build a suitable time series model for forecasting the monthly spot prices and carry out a suitable forecast.

2. Build a regression model to predict the monthly returns on Microsoft stock using an appropriate selection of the given variables. 

3. Carry out any necessary diagnostic procedures in order to verify the validity of your chosen models.

3.  Interprete the various relevant MINITAB output from your various analysis.

4.  Write a technical report providing a full interpretation of your findings, a justification of your chosen models with supporting evidence, make any recommendations you think are appropriate and outline any shortcomings of the approach you have used.

 

Posted Date: 2/23/2013 7:35:49 AM | Location : United States







Related Discussions:- Planning and control systems , Assignment Help, Ask Question on Planning and control systems , Get Answer, Expert's Help, Planning and control systems Discussions

Write discussion on Planning and control systems
Your posts are moderated
Related Questions
Do you believe there are differences between cross-cultural management, international business, and international management? If yes, what are the differences? If no, why not? •

Problem 1. What do you understand from Organizational Aspects of system Life Cycles? Explanation 2. Create your own definitions of a system. Based on the "system" d

Portfolio approach provides a useful tool for analyzing business performance. As a top manager of a multi-business firm, you apply such analytic skill to develop a GE multifactor p

Question : (i) With the growth of the tourism industry, coastal development projects have the potential to cause significant negative environmental impacts. Using appropriate

Explain the risk-taking capability of an entrepreneur. Risk-Taking Capability: Risk is inseparable and inherent element of entrepreneurship. He supposes about the uncerta

Problem : a) Describe the food chain approach to food safety. b) ‘The Food Law Code of Practice sets out the way local authorities should apply food law, and how they would

Business environment in strategic formulation A business strategy depicts how a specific business proposes to succeed in its preferred market place versus its competitors. It

Factors to Consider Before Taking a Decision on the Proposed Strategy Change Although most of the striking and important questions have been considered or highlighted which

what are the common barriers to team progress of pepsico?

what are the nine core concepts of marketing?