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The total sales are not necessarily equal to total demand, since some demand may have been lost. For the case that lost demand is not recorded at all, Fisher et al. (2000) propose to estimate lost demand based on the moment at which the stock dropped to zero and the demand curve until that time. However, that method can not be applied in our case, since the moment at which the stock drops to zero is not recorded either. Fortunately, lost demand is partially recorded in our case, since the company does register lost demands that are received through the call center and the voice response system (but not through the website and regular mail). Moreover, we know the percentage distribution of total demand over the four sales channels. This information is used to scale up the registered lost demand for each SKU to get our estimate of total lost demand per SKU.
We refer interested readers to Bell (2000) for a discussion of estimating the distribution of demand based on sales data for multiple-period problems.
Syfy is considering investing in a project with the following details. The initial cost of investing in equipment is estimated to be Rs1,200,000. However, the project is deemed to
Summarize the key statistics for the stock and the industry (choose 8 items you believe informative, such as P/E ratio, market capitalization, dividend yield, ROE, sales etc.tion..
DIFFERENTIATE BETWEEN ALLOCATIVE EFFICIENCY AND PRICING EFFICIENCY
Need assignment help. Finance, needs to be done in excel and word.
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
What is an agent? What are the responsibilities of an agent? Ans: An agent is someone who has the implied or actual authority to act on behalf of another. The owners whom the
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
limitation of time lag theory
The higher the rate of interest the more likely you will elect to invest your funds and forego current consumption. Is this statement true or false?
how to calculate cost of equity
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