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The problem considered is that of forecasting demand for single-period products before the period starts. We study this problem for the case of a mail order apparel company that needs to order its products preseason. The lack of historical demand data implies that other sources of data are needed. Advance order data can be obtained by allowing a selected group of customers to pre-order at a discount from a preview catalogue. Judgments can be obtained from purchase managers or other company experts. In this paper, we compare several existing and new forecasting methods for both sources of data. The methods are generic and can be used in any single-period problem in the apparel or fashion industries. Among the pre-order based methods, a novel 'top-?op' approach provides promising results. For a small group of products from the case company, expert judgment methods perform better than the methods based on advance demand information. The comparative results are obviously restricted to the speci?c case study, and additional testing is required to determine whether they are valid in general
3. Your firm has debt worth $200,000, with a yield of 9%, and equity worth $300,000. It is growing at a 5% rate, and its tax rate is 40%. A similar firm with no debt has a cost of
Chang and Fyffe (1971) assume that a ?rm has a ''long-run sales history of individual seasonal-style-goods SKUs or groups of such SKUs''. They propose to estimate demand by using r
David Abbot is interested in purchasing a bond issued by Sony. He has obtained the following information on the security: Par value $1000, coupon interest rate 6.0%, corporate tax
A person is willing to sell some stock
Measuring the Behaviour of Stock in the Estimation Window and the Event Window As its name implies, the estimation window is used to estimate a model of the stock's returns un
Question 1: (a) Show the forces driving cross-border mergers that operate more strongly than the reasons for transactions that take place within a given country's border. (b
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On December 31, 2009, the Real Weapons Factory reported total stockholders' equity of $447,200. On that date, total contributed capital was $360,000. During 2009, the firm had tota
Project is to write paper on financial analysis & business analysis of COTT Corporation. 1st draft, financial analysis as it applies to COTT. 2nd draft Financial analysis & Executi
cost of equity capital
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