All categories

1 year ago

party supply uses time series forecasting just passed holidays sales and strength of store sales this year to preacher

1 answer:

7 0

To predict future sales based on patterns of historical data. Party Supply is using <u>Analytics</u>

<h3>What is analytics?</h3>

Analytics is the discipline of systematically computing data or statistics. It is employed in the search for, analysis of, and dissemination of significant data patterns. Making successful decisions also requires utilizing data patterns.

<h3>What is the best definition of analytics?</h3>

The scientific method of converting data into insights for the benefit of better decision-making is known as analytics, according to INFORMS. Analytics is a methodology that is always action-oriented.

The usage of operations, programming, and statistics are all mentioned. It also has to deal with the investigation of information that has been transformed from raw data into insight 1. The main board can make more informed choices thanks to this procedure. In fields where data collection is excessive, it is particularly helpful.

To know more about Analytics visit:

brainly.com/question/15093177
#SPJ4

You might be interested in

"Sydney has a portfolio with 50 shares of AAA with a current value of $20 per share, a return of 12%, and a beta of 1.30. She al

Nezavi [6.7K]

Answer: 12.72%

Explanation:

Given the following information ;

50 Shares of AAA at $20 and expected returns of 12%

25 Shares of BBB at $60 and expected returns of 10%

75 Shares of CCC at $50 and expected returns of 14%

Total value of the portfolio ;

Total Portfolio Value = ( 50×20 ) + ( 25×60 ) + ( 75×50 )

= 1000 + 1500 + 3750 = $6,250

Weight of each share in the portfolio;

Weight of Stock AAA = ( 50×20 ) / 6250 = 0.16

Weight of Stock BBB = ( 25×60 ) / 6250 = 0.24

Weight of Stock CCC = ( 75×50 ) / 6250 = 0.60

Expected return on portfolio is calculated thus;

Expected Portfolio Return = ( Weight of AAA×Expected Returns ) + ( Weight of BBB×Expected Returns ) + ( Weight of CCC×Expected Returns )

Expected Portfolio Return = ( 0.16×0.12 ) + ( 0.24×0.10 ) + ( 0.60×0.14 )

Expected portfolio return = (0.0192+0.024+0.084) = 0.1272

0.1272 = 12.72%

6 0

3 years ago

small businesses are hesitant to involve in global business because it:

7nadin3 [17]

<span>Small businesses are hesitant to involve in global business because it involves various trade laws or tariffs. Taking that kind of plunge in the business world for a business of small scale is risky situation or at least the small business owners feel. Sometimes this would be the turning point for these businesses to break out huge.</span>

4 0

3 years ago

Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.5 kilograms of the raw material Jurislo

Vladimir79 [104]

Answer:

Cost of purchase= $1,014,300

Explanation:

Giving the following formula:

Production:

August= 22,600

September= 21,300

Ending inventory= 20% of the following month's production needs.

Beginning inventory= 10,800 kg

The cost of Jurislon is $18.00 per kilogram.

One Miniwarp requires 2.5 kilograms of the raw material Jurislon.

<u>First, we need to calculate the purchases in kg required using the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= (2.5*22,600) + (2.5*21,300)*0.2 - 10,800

Purchases= 56,350kg

<u>Now, the total cost of purchase:</u>

Cost of purchase= 56,350*18= $1,014,300

7 0

2 years ago

The president of Digital Equipment Corporation discovered that his company was having a problem with counterproductive product g

Liono4ka [1.6K]

Answer:

A. Location

Explanation:

Location departmentalization or departmentalization of location refers to the categorization of jobs on the basis of geographical location or areas. When local departmentalization is applied, there is a structuring or arranging of jobs based on geographical sites or areas. It is a reasonable arrangement for organizations that manufactures and sells goods in different locations. In this case, to foster cooperation within product groups, they are departmentalize from 12 groups to 3 regional management center based on location departmentalization.

5 0

3 years ago

Which of the following terms is defined as a goal-oriented process toward ensuring that organizational processes are in place t

fredd [130]

Answer:

c. Performance management

Explanation:

Performance management is one of the seven subsystems that make up a Human Resources Administrative System, through the search to identify, recognize and promote the report of all civil servants to institutional objectives and goals. It allows to show all the training needs that are required to improve performance according to the position they occupy.

It is carried out through an annual cycle, which must be comprehensive, continuous and systematic, and it is also initiated through the approval of an institutional operational plan.

6 0

3 years ago