User Account

All Pages

What types of independent variables might be used

Assignment Help Operation Management
Reference no: EM131132643

Question:

Forecasting Models

Discussion Question 1: Which forecasting techniques do you think should be used in calculating fuel prices? Time series models? Qualitative models? In casual modeling, what types of independent variables might be used? Justify your answer.

Please use the requested reference

REFERENCE

Bozarth, C.C. and Handfield, R.B. (2012). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall.

Verified Expert

Solution which has answer for one question related to the methods of forecasting the fuel prices. The answer has been provided in 100 words and all the information provided In the solution are correct and complete as per my knowledge.

Reference no: EM131132643

Questions Cloud

Difference between intelligence and achievement : Explain the difference between intelligence and achievement. How do they affect each other
What is the velocity of the suitcase when it lands : If there is a 3m tall light pole 281.5m from the horizontal position that the suitcase left the plane, will the suitcase hit the light pole? If yes, how far up the light pole does the suitcase hit? If no, how far above the light pole does the suit..
Re phrase the given article : re-phrase the given article:- This research paper aims to exemplify the various problems that the US health system is facing and the particular solutions that can be involved to have them brought to control.
What barriers would she face : A community health nurse wants to refer a young woman who lives in a poor rural area to an integrated treatment program several miles away. What barriers would she face, and how could she have access to the care that she needs
What types of independent variables might be used : Which forecasting techniques do you think should be used in calculating fuel prices? Time series models? Qualitative models? In casual modeling, what types of independent variables might be used? Justify your answer.
The store completed these inventory transactions : 1. The preceding data are taken from the store's perpetual inventory records. Which cost method does the store use? Explain how you arrived at your answer.
How power and authority related to formal social controls : Identify one deviant behavior that you observe. What were the formal and informal social controls? Discuss how power and authority related to formal social controls
How does lifo subtract inflation from inventory costs : Explain what is meant by the LIFO reserve account. How does LIFO subtract inflation from inventory costs? Explain how the cash flow of $174,400 in this example was computed. Explain why this amount may not be correct.
To finance the cutting machine by signing an eight-year : Fez Fabulous Fabrics wishes to acquire a $100,000 multifacet cutting machine. The machine is expected to be used for eight years, after which there is a $20,000 expected residual value.

Reviews

Write a Review

Operation Management Questions & Answers

  Prepare an aggregate plan for the coming year

Prepare an aggregate plan for the coming year, assuming that the sales forecast is perfect. The plant will run 8, 10, 9, 11 lines in the coming four quarters.

  Role in business-how that affects her leadership potential

Taira (Salmon) Brandt is the 35 year old daughter of Garret Salmon the owner of a medium sized party invitation company “Lots of Fun.” Evaluate Taira’s current role in the business and how that affects her leadership potential. Describe specifically ..

  Organisational theory management and administration

Organisational Theory, Management and Administration. The chapter by Bush (2003) 'Formal Models' (from his book 'Educational Leadership and Management') provides us with a number of formal models for thinking about organisations. Critically analyse t..

  Business models influenced by internal and external factors

How are business models influenced by internal and external factors?  Discuss the difference between the product model and the marketing model.   Is one model better than the other?  Explain.

  Did nineteenth century railroads meet hookers tests

Did nineteenth century railroads meet Hooker's tests in asserting corporate rights under the Fourteenth Amendment to the Constitution of the United States? Give reasons for your opinions and reactions.

  Explain how charismatic leaders of the past used vision

Citing specific examples, explain how charismatic leaders of the past used vision and superb communication skills to make their case. Note: Do library or Internet research on such leaders before attempting an answer if needed.

  Describe total quality are affecting organizational behavior

Describe how competition and total quality are affecting organizational behavior. Why is managing organizational behavior in changing times

  Describe relationship between different levels of management

Show graphically, and explain, the relationship between the different levels of management, types of problems, and types of decisions. What do we mean by the term " bounded rationality," and what is its significance with regards to decision making in..

  Analyze the different ways to evaluate economic performance

Analyze the different ways to evaluate economic performance and determine which provides the best assessment of the economy. Explain your rationale.

  Case study phillips electronics best model

Case Study Phillips Electronics BEST Model

  Discuss advantages also disadvantages of intermediaries

Discuss advantages also disadvantages of utilizing intermediaries like wholesalers, agents also brokers to distribute your organizations products or services.

  Discuss who is most likely to prevail in each circumstance

In the following situations, two parties claim the same goods. Discuss who is most likely to prevail in each circumstance. Explain the basis for your response. Olan steals Phil’s television set and sells it to Quincy, an innocent purchaser, for value..

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd