Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The case company combines SKUs into product groups and product groups into assortment groups. The methods based on advance demand information (Methods 1-3) can therefore be on a product group level, on an assortment level, or for all assortment groups together. We tested all three ways for all three methods, and for each method it turned out that forecasting on a product group level provided the best results (and for all SKUs together the worst). Therefore, we will only report the results on a product group level.
We remark that the ongoing policy of the company was actually to produce forecasts based on advance demand information, but on an assortment group level. Their method used a combination of the rules for dividing group demand (i.e. for calculating fn; n 2N)of Methods 1 and 2. It applied a different way of estimating group demand M. Instead of using (1), a planning committee consisting of mainly purchasers had to reach a consensus, also taking budget restrictions into account. Since the resulting forecasts have not been recorded, they cannot be compared to those of other methods in our empirical investigation. We do remark that letting budget restrictions play a role in forecasting obviously carries the risk of underestimations to stay within budget or over-estimations to avoid losing part of the budget (in future years).
Since having a top, mid and flop class is intuitively most appealing, only results for three categories are presented. We also tested the top-flop method with varying class sizes. However, again, this did not (signi?cantly) improve the performance. Therefore, we report results for equal-sized classes only. We note that contrary to ABC inventory classi?cation, where class A SKUs typically get special attention and their number therefore needs to be limited, class sizes do not affect the complexity of applying the top-flop method.
This is an accounting term which is applicable to stockholders of closely going businesses. Accumulated earnings and profits are a company's net profits after subtracting distribut
Question 1: Capital Expenditure Decisions and Investment Criteria (30 MARKS) In recent years Morten Ltd, a company that manufactures and markets a range of p
Solution of the Black-Scholes model is obtained through a transformation into a heat equation. The general one-dimensional heat equation is given by where α > 0 is a consta
Suppose that Oxford Inc. is interested in the two new products, AME and CGK. Because of its capital budget constraint, it can only launch one new product line. Eric just graduated
Your firm is contemplating the purchase of a new $791,000 computer-based order entry system. The system will be depreciated straight-line to zero over its seven-year life. It will
Roman Roads has a number of capital projects available for investment this year but has access to a limited amount of capital. Specifically, the firm has arranged to secure a $25
The FrontczakCompany is expecting to generate (after tax)a Net Income of $250 millionannuallyandindefinitely (in perpetuity), and this amount is paid out annually as dividends. T
You are required to provide a report of approx 500 words or less (excluding attachments and references), accompanied by relevant calculations, in MS Word, MS Excel and/or PDF forma
Question: (a) Discuss the concept of financial gearing and its implications for share price maximisation. (b) A firm has both, a current and a target debt-equity ratio of 0.
#question.Baobab rolling mills owns a lathe machine which was purchased 10years ago at sh. 75 million. The machine had an expected life of 15 yrs at the time it was purchased, and
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd